Difference between revisions of "Loyola University Medical Center"

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(Relevant Links)
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Loyola University Medical Center has revised its patent policy twice since 1991.
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We were able to locate detailed patent royalty sharing information for the Loyola University Medical Center dating back to 2006.
  
 
== Summary ==
 
== Summary ==
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=== Current Policy ===
 
=== Current Policy ===
  
[http://universitypatentdata.com/images/9/93/2009_LoyolaMed.pdf 2010 Policy]
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[https://web.archive.org/web/20190828183118/https://hsd.luc.edu/media/healthsciencesdivision/researchservices/documents/intellectual-property.pdf 2010 Policy]
  
''From $0-$100K Inventors will receive 50% of the share, Office of Research and Services receives 25%, Inventor's School receives 25%, and the University receives 0%''
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Income Distribution
 
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{| class="wikitable"
''From $100,001-$500K Inventors will receive 40% of the share, Office of Research and Services receives 25%, Inventor's School receives 20%, and the University receives 15%''
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|-
 
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! LUC Cumulative Net Revenue !! Inventors !! Office of Research Services !! Inventor's School !! University
''From $500,001+ Inventors will receive 30% of the share, Office of Research and Services receives 20%, Inventor's School receives 20%, and the University receives 30%''
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|-
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| $0-$100,000 || 50% || 25% || 25% || -
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|-
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| $100,001-$500K || 40% || 25% || 20% || 15%
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|-
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| $500,001+ || 30% || 20% || 20% || 30%
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|}
  
 
=== 2006 Policy ===
 
=== 2006 Policy ===
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''Distribution of net revenue:  
 
''Distribution of net revenue:  
 
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:''a. 50% to the inventor. If there are multiple inventors, the 50% allocation will be subdivided according to the apportionment agreed to at the time of invention disclosure.  
''a. 50% to the inventor.If there are multiple inventors, the 50% allocation will be subdivided according to the apportionment agreed to at the time of invention disclosure.  
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:''b. 15% to the Department in which the inventor has a primary academic appointment. Subdivision of this allocation to Institutes and Centers is determined by agreements between organizational heads of the entities involved.  
 
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:''c. 25% to a General Technology Transfer Fund, which will be used to support technology transfer activities.  
''b. 15%to the Department in which the inventor has a primary academic appointment. Subdivision of this allocation to Institutes and Centers is determined by agreements between organizational heads of the entities involved.  
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:''d. 5% to the Dean-SSOM  
 
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:''e. 5% to the President and Chief Executive Officer-LUHS''
''c. 25%to a General Technology Transfer Fund, which will be used to support technology transfer activities.  
 
 
 
''d. 5%to the Dean-SSOM  
 
 
 
''e. 5%to the President and Chief Executive Officer-LUHS''
 
  
 
== Relevant Links ==
 
== Relevant Links ==
*[https://web.archive.org/web/20190214211304/https://hsd.luc.edu/research_services/committees/technologytransfercommittee/ Loyola University Medical Center Tech Transfer Office]
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*https://web.archive.org/web/20190214211304/https://hsd.luc.edu/research_services/committees/technologytransfercommittee/ Loyola University Medical Center Tech Transfer Office]
*[http://universitypatentdata.com/images/9/93/2009_LoyolaMed.pdf "Intellectual Property and Technology Transfer Policy"]
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*[https://web.archive.org/web/20190828183118/https://hsd.luc.edu/media/healthsciencesdivision/researchservices/documents/intellectual-property.pdf Loyola IP & Technology Transfer Policy (2009)]
*[http://universitypatentdata.com/images/9/9e/2006_LoyolaMed.pdf "Intellectual Property and Technology Transfer Policy Loyola University Chicago Stritch School of Medicine"]
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*[http://universitypatentdata.com/images/9/9e/2006_LoyolaMed.pdf Loyola IP & Technology Transfer Policy (2006)]

Revision as of 11:34, 28 August 2019

We were able to locate detailed patent royalty sharing information for the Loyola University Medical Center dating back to 2006.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Loyola University Medical Center 2006 2009 Yes 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.125 No No
Loyola University Medical Center 2010 2017 No 0.50 0.50 0.50 0.40 0.40 0.30 0.30 0.15 No No

Policy Excerpts

Current Policy

2010 Policy

Income Distribution

LUC Cumulative Net Revenue Inventors Office of Research Services Inventor's School University
$0-$100,000 50% 25% 25% -
$100,001-$500K 40% 25% 20% 15%
$500,001+ 30% 20% 20% 30%

2006 Policy

2006 Policy

Distribution of net revenue:

a. 50% to the inventor. If there are multiple inventors, the 50% allocation will be subdivided according to the apportionment agreed to at the time of invention disclosure.
b. 15% to the Department in which the inventor has a primary academic appointment. Subdivision of this allocation to Institutes and Centers is determined by agreements between organizational heads of the entities involved.
c. 25% to a General Technology Transfer Fund, which will be used to support technology transfer activities.
d. 5% to the Dean-SSOM
e. 5% to the President and Chief Executive Officer-LUHS

Relevant Links