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Ohio State, Ohio University partner on $35M venture fund

Ohio State University and Ohio University are creating a $35 million venture capital fund aimed at commercializing research that comes out of universities in the state. California-based Dominion Ventures will be the fund’s general partner, according to a statement from the two universities. An official with Dominion wasn’t available for comment. Ohio State plans to […]

Pharma

Ohio University incubator now includes biotech support, services

A business incubator on Ohio University’s campus is opening section that will include biotechnology support and other components. The Ohio University Innovation Center‘s new biotech research and development facility will feature “state-of-the-art instrumentation and research equipment for chemical and biomedical analysis,” according to the university. The new biotech expansion is intended for use by OU […]

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Ohio University pulls in $8.2M from research licensing

Ohio University received $8.2 million in fiscal 2010 from licensing technologies that were discovered by its researchers, an increase of  19 percent  from last year. The vast majority of that revenue–about $8 million–came from from Pfizer Corp. from a license for a growth hormone antagonist that became the basis for the drug Somavert, according to a […]

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Technology transfer grows at U.S. research institutions

Technology transfer -- moving research out of institutions and into companies that can develop and market products with it -- was a healthy enterprise nationwide in fiscal 2007. Northeast Ohio institutions were more successful than those elsewhere in the state at leveraging research spending with licensing revenues.