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Back to...Developing Technology

 

About the OTD


The mission of the Office of Technology Development is to serve, support and educate MCW faculty, their postdoctoral fellows, graduate students and staff by facilitating the transfer of technology generated from their research and clinical practices into commercial products that benefit MCW, our community and the public at large, engaging the inventors, internal and external stakeholders to achieve a reasonable return to the College.

 

Who We Are


The MCW OTD nurtures intellectual creativity, stimulates research, develops and protects intellectual property, transfers intellectual property to entities best equipped to develop and take the product to market, strengthens the Medical College of Wisconsin brand with the business community, and contributes to the overall health and well-being of the region and the nation.

The last two years have brought many positive changes to the MCW OTD.  Our new mission reflects an aspirational OTD which is revitalized and dynamic.  The OTD is housed administratively within the Office of Research to better support our faculty, postdoctoral fellows, students and staff in their innovative endeavors.  With an increased focus on the “faculty service” aspect of our mission, as endorsed by MCW senior leadership, we will support the transfer of new technologies into commercial products, the returns to the College being measured in both financial and non-financial terms.

Joseph O. Hill, PhD
Vice President
jhill@mcw.edu

Kalpa Vithalani, PhD
Licensing Manager
kvithalani@mcw.edu

James Antzcak, PhD
Licensing Manager
jantczak@mcw.edu

 

What We Do


The Medical College of Wisconsin Office of Technology Development (OTD) is responsible for managing the discoveries, inventions, and other intellectual property assets of the Medical College of Wisconsin and advancing these discoveries from Patents to Patients®. In this endeavor, we identify, evaluate and protect novel ideas and then market those ideas to established companies or help form spin-off companies to develop commercial products.  The Medical College of Wisconsin has a fertile pipeline of technologies available for licensing covering therapeutics, diagnostics, diagnostic imaging, medical devices, and research tools.  MCW’s technology portfolio currently includes 208 technologies from 296 faculty, 257 patents and patent applications, and 89 license and joint intellectual property ownership agreements.

The newly adopted horizontal organization within the OTD means that each Licensing Manager attends to specific technologies in the portfolio over the entire commercialization lifecycle, from intake of invention disclosures, through a new process for evaluating commercial potential, protecting intellectual property (IP), marketing, negotiating license agreements and maintaining relationships with industry partners.

 

Why We Do It


In today's knowledge-based economy, corporations are increasingly investing in intangible assets and new employees.  These investments often surpass expenditures on tangible assets such as buildings and equipment.  Innovation is critical to compete in the marketplace and as such, Intellectual Property has become a major corporate asset.  In turn, the product and the market dictate the success of the innovation. Specifically, businesses seek to increase the value of their patent portfolios to position themselves for successful commercial growth.  The journey from the laboratory to the marketplace requires a symbiotic partnership between you, the inventors and your Technology Transfer Office which seeks to incentivize the interest of companies or investors to commit resources to commercialize your technology.

The OTD receives 3-4 new invention disclosures each month, which we evaluate for commercialization potential.  We encourage faculty, postdoctoral fellows, students and staff to develop and disclose inventions in order to:

  • Facilitate translational research which in turn affords our inventors a broader marketplace for their ideas, inventions and products
  • Promote collaborative research, the development of intellectual capital and scientific entrepreneurship
  • Enable inventions to enter the marketplace as products, which often requires prior protection of the intellectual property to incentivize/ garner the interest of an industry partner
  • Act in accordance with the Bayh-Dole Act, which requires universities to seek protection for inventions developed with federal funding
  • Help MCW recruit and retain knowledgeable and creative individuals who also possess strong independence and an entrepreneurial drive

 

How We Do It


Described in the diagram below is a depiction of the non-linear nature of the technology development process, which begins with submitting an invention disclosure form to the OTD, evaluation, patenting, marketing, licensing and maintenance of relationships with industry partners.

Contact the OTD

Phone: 414-955-4362

Fax: 414-955-6427

Email:
mcwtechnology@mcw.edu


Directions

Location:
Curative Care Network Bldg
1000 N. 92nd St
Milwaukee, WI 53226

OTD Web Site

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Page Updated 05/02/2014