Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > CCTEC celebrates banner year in 2009-10

Cornell Center for Technology, Enterprise and Commercialization (CCTEC)
Cornell Center for Technology, Enterprise and Commercialization (CCTEC)

Abstract:
With its highest-ever gross revenues and largest number of spinoff businesses launched to date, the Cornell Center for Technology, Enterprise and Commercialization (CCTEC) had its most successful year in fiscal year (FY) 2010.

By Anne Ju

CCTEC celebrates banner year in 2009-10

Ithaca, NY | Posted on December 9th, 2010

In the fiscal year that ended June 30, CCTEC granted 114 commercial licenses to industry partners to develop Cornell technologies. Also, 12 new businesses were founded on licensed Cornell technologies this year -- the highest number of startups spun out of Cornell in any fiscal year. The center grossed ordinary licensing revenues of $9 million this year, up from $5.1 million the previous year.

"CCTEC helps to make the results of the tremendous research at Cornell useful to the society and serve the public," said Alan Paau, Cornell's vice provost for technology transfer and economic development and executive director of CCTEC. "It bridges the academic-industry interface. To the extent possible, CCTEC leverages Cornell technologies to enhance regional economic vitality."

Of the 12 startups that CCTEC helped found this year, 11 are located in New York state. iFyber LLC, for example, is built on technology developed by Juan Hinestroza, assistant professor fiber science and apparel design. The company makes synthetic fibers functionalized with such properties as electrical conductivity, anti-microbial action and identity authentication using nanoparticle coatings.

Another startup, New York City-based Ezra Pharmaceutical, commercializes the work of Randi Silver, associate professor of physiology, and Roberto Levi, professor of pharmacology, both at Weill Cornell Medical College. The company is developing a first-ever preventative therapy for diabetes-related blindness, or diabetic retinopathy.

The center, whose mission is to develop Cornell science and technology into products and services for the public good, also kept pace with previous milestone numbers of new technology disclosures. FY 2009 was the first time that more than 300 new disclosures were made to CCTEC; in FY 2010 CCTEC again received more than 300 new disclosures.

Laura Cima, CCTEC's outreach and economic development manager, said CCTEC's mission aligns closely with Cornell's land-grant mission to serve the state and the wider public.

"Technology transfer is increasingly active at Cornell," Cima said. "It's good for New York state, good for Cornell and good for Cornell research."

In addition to its successes in commercialization and licensing, in 2010 CCTEC also settled two longstanding legal disputes related to Cornell inventions and licensing with industry partners, resulting in extraordinary revenues. Its ordinary licensing revenues were still the highest ever, even without the income from the legal settlements.

####

For more information, please click here

Contacts:
Media Contact:
Blaine Friedlander
(607) 254-8093


Cornell Chronicle:
Anne Ju
(607) 255-9735

Copyright © Cornell University

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Oxford Instruments systems now facilitate water purification technology September 27th, 2016

Dr Barbara Armbruster promoted to Worldwide Sales and Marketing Director for XEI Scientific September 27th, 2016

Fighting cancer with sticky nanoparticles September 27th, 2016

Gold nanoparticles conjugated quercetin inhibits epithelial-mesenchymal transition, angiogenesis and invasiveness via EGFR/VEGFR-2 mediated pathway in breast cancer September 27th, 2016

Jobs

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

SUNY Poly Welcomes DPS as the Global Engineering Firm Opens Its U.S. Advanced Technology Group Headquarters at Cutting-Edge ZEN Building November 20th, 2015

SUNY Poly CNSE Announces Milestone as M+W Group Opens U.S. Headquarters at Albany Nanotech Complex and Research Alliance Begins $105M Solar Power Initiative October 20th, 2015

Global Engineering Firm DPS to Establish U.S. Advanced Technology Group Headquarters at SUNY Poly CNSE and Create 56 New Jobs Under STARTUP-NY Initiative October 6th, 2015

Academic/Education

PHENOMEN is a FET-Open Research Project aiming to lay the foundations a new information technology September 19th, 2016

AIM Photonics Announces Release of Process Design Kit (PDK) for Integrated Silicon Photonics Design August 25th, 2016

Nanotech Security Featured by Simon Fraser University: Company's Anti-Counterfeiting Technology Developed With the Help of University's 4D LABS Materials Research Institute August 21st, 2016

W.M. Keck Foundation awards Cal State LA a $375,000 research and education grant August 4th, 2016

Nanomedicine

Fighting cancer with sticky nanoparticles September 27th, 2016

Gold nanoparticles conjugated quercetin inhibits epithelial-mesenchymal transition, angiogenesis and invasiveness via EGFR/VEGFR-2 mediated pathway in breast cancer September 27th, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

BBI Solutions launches innovative conjugate blocking technology that enhances signal intensity for lateral flow immunoassays September 20th, 2016

Announcements

Oxford Instruments systems now facilitate water purification technology September 27th, 2016

Dr Barbara Armbruster promoted to Worldwide Sales and Marketing Director for XEI Scientific September 27th, 2016

Fighting cancer with sticky nanoparticles September 27th, 2016

Gold nanoparticles conjugated quercetin inhibits epithelial-mesenchymal transition, angiogenesis and invasiveness via EGFR/VEGFR-2 mediated pathway in breast cancer September 27th, 2016

Patents/IP/Tech Transfer/Licensing

NIST Patents Single-Photon Detector for Potential Encryption and Sensing Apps September 16th, 2016

For first time, carbon nanotube transistors outperform silicon September 8th, 2016

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

Financial Reports

Nanometrics Reports Second Quarter 2016 Financial Results July 26th, 2016

Nanobiotix revenue for Q2 2016 July 14th, 2016

Nanometrics to Announce Second Quarter Financial Results on July 26, 2016 July 6th, 2016

Nanometrics to Announce First Quarter Financial Results on April 26, 2016 April 5th, 2016

Textiles/Clothing

Stretchy supercapacitors power wearable electronics August 25th, 2016

Weird, water-oozing material could help quench thirst: Nanorods' behavior first theorized 20 years ago, but not seen until now June 13th, 2016

Programmable materials find strength in molecular repetition May 23rd, 2016

The impact of anti-odor clothing on the environment March 31st, 2016

Nanobiotechnology

Fighting cancer with sticky nanoparticles September 27th, 2016

Gold nanoparticles conjugated quercetin inhibits epithelial-mesenchymal transition, angiogenesis and invasiveness via EGFR/VEGFR-2 mediated pathway in breast cancer September 27th, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

BBI Solutions launches innovative conjugate blocking technology that enhances signal intensity for lateral flow immunoassays September 20th, 2016

Alliances/Trade associations/Partnerships/Distributorships

PHENOMEN is a FET-Open Research Project aiming to lay the foundations a new information technology September 19th, 2016

SEMI and MSIG Join Together in Strategic Association Partnership: MEMS & Sensors Industry Group Brings New MEMS and Sensors Community to SEMI to Increase Combined Member Value September 15th, 2016

Leti and Oberthur Technologies Partner to Explore New Solutions in Fast-growing Digital Era September 12th, 2016

Synopsys Joins GLOBALFOUNDRIES’ FDXcelerator Partner Program to Enable Innovative Designs Using the FD-SOI Process: Program Gives Synopsys Access to GLOBALFOUNDRIES’ FDX Portfolio and Provides Customers with Tools that Support the Differentiated Features of FD-SOI September 8th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic