Jan. 20, 1999
Contact: Chris Curran
Cincinnati --The University of Cincinnati is a solid number one in Ohio and among the leading Midwest universities in the latest national rankings for royalties from patents and technology licenses.
The Association of University Technology Managers (AUTM) compiles the annual report of royalty rankings and lists UC 34th in the nation, ahead of other Midwestern schools such as Purdue, the University of Michigan, and Ohio State.
The AUTM report shows UC with $2.66 million in adjusted gross royalties for the 1997 fiscal year. Norm Pollack, director of the office of intellectual property at UC, said the fiscal 1998 figures are even higher $3.27 million or a 23 percent increase from fiscal '97 to fiscal '98.
The top royalty producers for the 1997 fiscal year were:
Cardiolite® and Myoview® (two heart-imaging agents) HeaterMeals (entrees cooked using a flameless heating pad) Labor & Delivery instructional video disk PBS: a polymeric barrier system for containing radioactive waste
These products have been top income-producers for several years, especially the heart-imaging agents which Pollack calls "blockbusters." Two newer products which Pollack says could become significant in future years are a bone cancer drug marketed by Mallinkrodt and a family of environmentally friendly anti-corrosion chemicals marketed by Brent International.
In the meantime, UC faculty and staff continue to develop new products and technologies that attract widespread interest off campus.
THE WAPIN BRIDGE: CCM piano technician Michael Wathen and former physics research associate Richard Harris invented a new technique for rebuilding pianos which was recently featured on the cover of the Piano Technicians Journal.
MEASURENET: A computerized sampling and measuring network invented by faculty and staff in the chemistry department for UC's first-year labs was recently sold to Walnut Hills High School for that school's new science building. The system spawned a start-up company headed by research associate Robert Voorhees.
ALZHEIMER'S TREATMENT: Apologic, Inc. is a start-up firm launched by a UC invention. Its primary product is a potential Alzheimer's disease treatment developed by Keith Crutcher in neurosurgery.
CELL-IMAGING SOFTWARE: Eric Gruenstein in molecular genetics has developed software for viewing the internal structures of cells. The software is being marketed as a component of an imaging system for biomedical research. The system is sold by Intracellular Imaging, Inc., a start-up company founded by Gruenstein.
ROBOTICS SOFTWARE: Engineers Ernie Hall, Ron Huston, and Richard Shell developed robotics software which was licensed to Motoman, a robotics manufacturer in the Dayton, Ohio area.
Pollack says those products will become more important to
royalty income once the blockbuster patents expire in 2002. "You
can never predict the future, but by putting a lot of horses in
the race, we are increasing our odds of seeing more big winners
in the years ahead," said Pollack.