Sponsored By
An organization or individual has paid for the creation of this work but did not approve or review it.



UMN officials push for marketable inventions

MINNEAPOLIS — University of Minnesota officials are pushing staff and faculty to create marketable inventions that will generate revenue for the school.

The university made nearly $84 million in revenue last year from technologies and inventions created by its employees. A large chunk of that revenue will disappear in a few years when the school's patent on the AIDS drug Ziagen expires.

UMN vice president for research Tim Mulcahy says the university needs to do a better job of marketing and making money from its discoveries, including pharmaceuticals, software and other products.

Minnesota Public Radio News says UMN ranks sixth among research universities in annual licensing revenue.

What To Read Next
Degenerative disk disease is effected by many factors including age. But there are other factors within your control that you can adjust for better spine health.
Artificial intelligence can now act as an artist or a writer. Does that mean AI is ready to play doctor? Many institutions, including Mayo Clinic, believe that AI is ready to become a useful tool.
Dozens of private well owners from five counties filed through the St. Charles Community Center on Thursday to learn more about a resource they use daily: water from their private wells.
The converted bus is a rolling blood donation center with equipment and staff ready to travel to sites in southeast Minnesota.