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From bench to bedside

It starts with an idea. Or maybe a material that you have developed. Once we receive notice of this idea or material or a full-fledged invention, we can start the evaluation process. We assess:
  1. commercial interest (i.e. market potential)
  2. stage of development
  3. patentability (novelty and inventiveness)
  4. competitive advantage 

 

This is not a complete list, it is merely an overview of key criteria. Other factors connected with the invention also need to be taken into account, for example whether there are collaboration agreements in place or whether material obtained from an outside source was utilized. As a rule, it will take Technology Transfer six weeks to conduct such an evaluation, provided that no special circumstances arise.

 

Typically there are four outcomes: 1. claim the invention, 2. release it back to inventors, 3. delay decision until further data is available or 4. test the market demand.

 

If we decided to claim the invention, then we will:

  • protect the intellectual property (if applicable)
  • market your invention to companies that can take it to market
  • negotiate any arising contracts (e.g. licensing )
  • support you through forming a spinout, if this is your goal

 

For more information and questions such as “Why Is It Necessary to Evaluate Inventions?” or “What other criteria are there?” or “What are the possible outcomes of an Evaluation?”, please visit our FAQ page.

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