Early cancer diagnostic tests, a synthetic soft tissue substitute, cranial implants and artificial lymph nodes are among the recent discoveries made by Johns Hopkins University School of Medicine faculty that promise to change medicineKanpur Stock. Meanwhile, the licensing revenue generated from their commercial development — more than $150 million since 2014 — is helping to fuel reinvestment in the next generation of discovery at Johns Hopkins.
Scientific entrepreneurship is flourishing, thanks in large part to Johns Hopkins Technology Ventures (JHTV), a division of the university created in 2014 to support the translation of Johns Hopkins University research into commercial applications benefiting society.
“Our focus has always been on doing everything we can to help our patients,” says Paul B. Rothman, dean of the medical faculty and CEO of Johns Hopkins Medicine. “JHTV is a powerful way to further that goal, so that we can speed the process of getting our groundbreaking discoveries to those who need them most.”Kanpur Wealth Management
Christy Wyskiel, JHTV’s founding executive director, says that while leading research universities all provide, to varying extents, the resources that JHTV offers, Johns Hopkins has combined all of them into one coordinated commercialization center, a “front door” for both industry and campus stakeholders looking to bring academic discovery to market.Bangalore Wealth Management
JHTV is located on the first floor of 1812 Ashland, the heart of the Science + Technology Park at Johns Hopkins on the north side of the medical campus. There, more than 70 professionals help university inventors license technology, establish corporate collaborations and sponsored research projects, and launch startup businessesNew Delhi Wealth Management. JHTV’s FastForward innovation hubs are home to over 30 such companies, cementing Baltimore as one of the nation’s emerging innovation economies.Udabur Stock
Results are impressive: In the past five years, school of medicine faculty have produced a yearly average of 310 reports of invention — the first step on the path to commercialization. They have also helped to found more than 100 of the university’s 159 self-sustaining startups, which have raised $2.3 billion in venture capital since 2014.
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