The value of technology transfers at Vanderbilt University rose to more than $24 million in the year ended June 30. That was more than four times the amount generated three years earlier. Among the highlights of the past year for Assistant Vice Chancellor Alan Bentley and his team were deals with Bristol-Myers Squibb, AstraZeneca and Parker-Hannifin.
Bentley pointed to two key metrics — the number of invention disclosures and licenses executed — to illustrate CTTC’s growth. The center executed 82 licensing transactions last year, a 60 percent increase compared to the average for the previous three years.
... TTDC management has raised the possibility of asking the TTDC board to consider supporting the spinning-out of TTDC's Tennessee Capital Formation Board, to create the "TCFB IP Holding Company," which could help manage the licensing of intellectual property from universities, research institutions and companies to entrepreneurs.