UMass earned record number of patents in fiscal ’15

THE UNIVERSITY of Massachusetts earned a record 65 U.S. patents in fiscal 2015, keeping the five-campus UMass system in the top ranks of research universities nationwide.
THE UNIVERSITY of Massachusetts earned a record 65 U.S. patents in fiscal 2015, keeping the five-campus UMass system in the top ranks of research universities nationwide.

BOSTON – The University of Massachusetts earned a record 65 U.S. patents in fiscal 2015, keeping the five-campus UMass system in the top ranks of research universities nationwide.
Some of the new patents include gene therapy from UMass Medical; nanotechnology and clean air technologies from UMass Lowell and UMass Amherst; and textile technology from UMass Dartmouth.
“The University of Massachusetts is a leading innovative institution at the forefront of research and technology transfer,” said Paul R. Sanberg, president of the National Academy of Inventors. “A decade of success with significant commercialization activities has led to UMass being ranked among the top 40 universities worldwide for U.S. patents for the past three years.”
UMass was ranked 40th nationally and 53rd worldwide among universities awarded U.S. patents for the calendar year 2014, according to a National Academy of Inventors and the Intellectual Property Owners Association report released in June. The rankings are based on data from the U.S. Patent and Trademark Office.
UMass was granted 40 new patents in 2014, while for fiscal year 2014, the number was 54.
“Cutting-edge research by our faculty puts us in the upper echelon of universities nationally and makes UMass a major leader in innovation,” said UMass President Marty Meehan. “The quest to create and transmit knowledge is at the core of our mission as a research university – and research and innovation also plays a critical role for our state and will determine our fortunes as we compete in the global economy.”
UMass students are excited and motivated by the accomplishments, Meehan added.
The university system also earned $34 million in licensing income from commercialization of its patented faculty inventions in fiscal 2015, a $3 million increase from the previous year and the ninth consecutive year that licensing income topped $30 million. Fiscal 2014 licensing income of $31 million placed UMass 14th in the nation.
The UMass system ranks in the top 40 nationally in research expenditures and, along with the Massachusetts Institute of Technology and Harvard University, has a portfolio in excess of $600 million.
UMass also has earned more than $530 million from technology transfer over the past 20 years, the university said.

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