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Kauffman
Releases Bio Commercialization Report
August 16, 2004
The Ewing Marion
Kauffman Foundation has issued a new report, Accelerating Technology
Transfer & Commercialization In The Life and Health Sciences,
in its efforts to identify the barriers to commercialization in
the life sciences.
The ability
to harness new technologies, spur innovations and, in turn, grow
companies and jobs, is the lifeblood of entrepreneurship. Life sciences,
more than most industries, thrives on such positive momentum and
hope for the future. The challenge lies in identifying and replicating
the processes that facilitate swift movement of technology from
the halls of academia to the front-line of American commerce and
health care.
Last year, the
Kauffman Foundation convened the Panel of Advisors on the Life Sciences
to investigate the role the Foundation might play in advancing life
sciences entrepreneurship in a more systematic, practical way. The
Foundation asked the panel, composed of leaders from both public
and academic settings in the fields of medicine, public health,
health policy, and venture capital, to provide a comprehensive set
of recommendations for consideration. With the panel, the Foundation
hopes to identify some of the common barriers to commercialization
in the life sciences, determine how to overcome those barriers,
and share the information broadly so that everyone within the life
sciences - and beyond - can benefit. From the advisory panel's preliminary
work, two central themes emerged:
University technology
transfer expertise and commercialization have not kept pace with
the increase and breadth of research funding in recent years. More
than 50 percent of the revenues from licenses in the life sciences
is now clustered in just ten universities and is associated with
a very small number of commercial products and services.
Similarly, relative to total university population, there is a small
number of universities where the organization and operation of technology
transfer is optimal. There is widespread agreement that many technology
transfer offices are under-funded, insufficiently staffed, and not
an integral part of the university research enterprise.
Based on these
themes, the panel identified several ways the Kauffman Foundation
might play a role:
- Help generate
a broad research dataset that establishes critical linkages along
the discovery-to-commercialization continuum and begins to establish
benchmarks for the field.
- Help strengthen professional organizations, working with them
to raise the bar for the practice of technology transfer, attract
an even higher caliber of professionals entering the field, and
more effectively disseminate best practices.
- Work to identify key issues and challenges around technology transfer
and commercialization, and help define appropriate national policies
to strengthen the country's future in this area.
- Collaborate with such agencies as the National Institutes for
Health and the Centers for Disease Control to review policies and
practices, and identify ways to enhance their impact in technology
transfer.
- Help establish a national organization with experienced, top-level
professionals who understand each of the many facets of successful
life sciences technology transfer. This group would help document
effective practices, manage relevant processes, and provide the
technical assistance needed to make technology transfer and commercialization
happen better, faster, and with fewer obstacles.
While there
are numerous ways the Kauffman Foundation might work to make a difference,
we plan to begin with a modest agenda, continuing to evaluate opportunities
that will offer the greatest potential for positively impacting
life sciences entrepreneurship.
Download
a copy of the report
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