Office of Technology Management at Chicago

The Office of Technology Management (OTM) is proud to report on the successes and activities of fiscal year 2009. Despite the economic downturn, the Office was able to meet many important metric and qualitative goals and further advance several significant initiatives.

Royalties earned, which includes patent reimbursements, exceeded goals. The number of disclosures received from faculty also met expectations – in no small part due to extensive Technology Manager outreach. In addition, the Office achieved qualitative goals involving patent portfolio management, marketing processes and IT infrastructure.

While the impact of the economic crisis did affect the number of licenses and options signed in fiscal 2009, the pipeline of technologies in negotiation remains strong and the Office is well positioned for the new fiscal year.

As always, the biggest factor in the Offices’ success is the stellar faculty and research at the University of Illinois.

Our goal is to provide outstanding service to our campus communities. As you read this report, available below, I welcome your feedback and comments.

Nancy Sullivan, Director

Fiscal 2009 Snapshot

Disclosures: 130

US Patent Applications Filed: 202

US Patents Issued: 15

Licenses & Options: 16

Start-ups: 2

Royalties Earned: $10,553,370