More Universities See the Light: Wake Forest University reported a 77 percent increase in its licensing revenue for its 2004 fiscal year, largely because of interest in a medical device that can heal wounds faster than traditional methods, Michael Batalia, the acting director for the Office of Technology Asset Management, said yesterday.
Wake Forest reported about $34.3 million in licensing revenue for its fiscal year ending June 30, nearly double the $19 million it reported during its 2003 fiscal year.
Most of the revenue was generated by patents from Wake Forest University Health Sciences, particularly the university's Vacuum Assisted Closure wound-therapy device.
Thursday, September 23, 2004
Subscribe to:
Post Comments (Atom)
Seja o primeiro a comentar
Post a Comment