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May 8th, 2007
Universities, Not Companies, Drive Biotech Advancement
A study by Marks & Clerk, an intellectual property firm based in the United Kingdom, has found that during the period between 2002 and 2006, universities like UCSF and public research institutes, rather than private companies, drove advances in biotechnology.
The results of the study, released at the BIO conference in Boston, were reported in the Monday, May 7, 2007, edition of the Financial Times.
Among US and Canadian universities, the University of California system is runner-up behind MIT in turning knowledge into commercially viable products and start-up companies.
UC ranked first for numbers of US biotech patents issued, with 723 patents between 2000 and 2004.
UC produces the second-highest number of start-up businesses, approximately 20 a year.
Three UC campuses are in the top 10 rankings worldwide as measured by research publications, US patents issued and the commercial impact of the discoveries. They are UCSF (4th), UC San Diego (6th) and UCLA (10th). Harvard University is No. 1 based on the three performance indicators.
One out of every five nanotech patents comes from the UC system.
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