JHTT: Translating the discoveries of the future

1. JHTT: Translating the discoveries of the future Wesley D. Blakeslee Executive Director Johns Hopkins Technology Transfer www.techtransfer.jhu.edu

2. JHTT Mission Statement • The Johns Hopkins Technology Transfer office furthers the mission of The Johns Hopkins University to bring the benefits of discovery to the world, by implementing the commercialization of University innovations for the public good by: • Encouraging and supporting invention disclosure; • Encouraging and supporting entrepreneurs; • Effecting technology development and licensing; • Increasing available research funding; and • Protecting and managing the University's intellectual property

3. Technology Transfer University President Senior Advisor to the President Executive Director Senior Director Licensing Director Ventures Patent Counsel Group Senior Director Finance Director Sales & Marketing Material Transfers Finance Portfolio Directors Patent Support Information Systems Four Licensing Teams

4. JHU IP Policy • Applies to Faculty, Staff and Students • Inventors are obligated to report Inventions developed as a result of financial or other support, regardless of origin, either directly from or channeled through the University, which is used in the discovery or development of Intellectual Property. • Inventors must assign title to the University in exchange for a share of net income from licensing the inventions.

5. Revenue sharing • 35% inventor’s personal share • 15% inventor’s research share • 15% inventor’s department • 30% school, 5% university • with 25/10 to school and university for royalties exceeding $300K

6. Faculty Service - Our #1 Goal

7. How can we help you? Disclosure assistance Patent search Business Planning Market research Commercialization Consulting Targeted Marketing Early Stage Funding (e.g. TEDCO) Licensing Sponsored Research VC and Angel Investors Industry Collaborations

8. Promising Results So Far

9. JHTT Start-Ups This Century • Since this century began (1/1/2000): • 66 currently existing start-up companies have been formed around JHU technology • Those companies have received funding of more than $476 million • FY08 record year – 12 start-ups >$76 Million funding For more information: egood3@jhmi.edu

10. Innovative Marketing • JHTT Technology Booklets: • Technology Bundling: Robotics & Neglected Disorders • Customized Conference Booklets: AACR • Entrepreneurial Events: • BioMatch • Entrepreneurs Boot Camp • BioInvestor Conference • Hopkins Alliance • JHTT APP: A new door into Hopkins inventors, technologies , events and social media sites. • Download it at app store…you could win an iPad!

11. New Initiative: Tech Lunches Informal lunch held once a month at different schools and departments JHTT staff will be available to answer questions about tech transfer and our services Targeted at senior-junior faculty, graduate students & Post-Docs First Tech lunch will be in September 2010 Lunch will be provided

12. Remember: “When you disclose, your money grows” Wesley D. Blakeslee Executive Director Johns Hopkins Technology Transfer www.techtransfer.jhu.edu