Medical University of South Carolina

The Medical University of South Carolina has had 3 iterations of its patent policy. The most recent modification occurred in 2017.

Summary

Institution	Start	End	Flat	$0-10k	$10-50k	$50-100k	$100-300k	$300-500k	$0.5-1M	>$1M	Fee	Lab	More
Medical University of South Carolina	1997	2008	No	0.35	0.35	0.30	0.25	0.25	0.25	0.25	0.15	Yes	No
Medical University of South Carolina	2009	2016	No	0.40	0.40	0.30	0.25	0.25	0.25	0.25	0.15	Yes	No
Medical University of South Carolina	2017	2018	No	1.00	0.40	0.40	0.40	0.40	0.40	0.40	0.15	Yes	No

Policy Excerpts

Current Policy

2017 Policy

"Net Proceeds" means the net amount received by MUSC or its designee from the sale, licensing or other disposition of any Intellectual Property, initially owned, pursuant to this policy, in whole or in part by MUSC, after deduction of all costs reasonably attributable to the protection and distribution of such Intellectual Property, including a fifteen (15) percent 15% deduction from gross income for administration expenses of the FRD, which shall be used to further the objectives and purpose of this Policy, and any reasonable expense of patent or copyright prosecution, maintenance, interference proceedings, litigation, marketing or other dissemination and licensing.

Distribution of Net Proceeds:

Royalty ($)	Inventor(s)	Department(s)	Lab(s)	Angel Fund	University	College(s)
1-$10,000	100%	0%	0%	0%	0%	0%
> $10,000	40%	10%	15%	10%	20%	5%

2009 Policy

2009 Policy

"Net Proceeds" means the net amount received by MUSC or its designee in each fiscal year from the sale, licensing or other disposition of any Intellectual Property, initially owned, pursuant to this policy, in whole or in part by MUSC, after deduction of all costs reasonably attributable to the protection and distribution of such Intellectual Property, including a fifteen (15) percent 15% deduction from gross income for administration expenses of the technology transfer office (TTO), which shall be used to further the objectives and purpose of this Policy, and any reasonable expense of patent or copyright prosecution, maintenance, interference proceedings, litigation, marketing or other dissemination and licensing.

Patent Net Proceeds:

Royalty ($)	Inventor	Lab(s)	Department(s)	University	College(s)
First $50,000	40%	30%	10%	15%	0%
$50,000 to $100,000	30%	30%	10%	20%	5%
Over $100,000	25%	30%	10%	25%	5%

1997 Policy

1997 Policy

"Net Proceeds" or "Annual Net Royalty" shall mean the net amount received by the University in each fiscal year from the sale, licensing or other disposition of any Intellectual Property, initially owned in whole or part by the University after deduction of all costs reasonably attributable to the protection and distribution of such Intellectual Property, including any reasonable expense of patent or copyright prosecution, maintenance, interference proceedings, litigation, marketing or other dissemination and licensing. The costs of protection and distribution shall be assessed at a rate of 15% on the first $200,000 of total, cumulative income plus any out-of-pocket expenses.

Patent Net Proceeds:

Royalty ($)	Inventor	Laboratory	Department	Account
First $50,000	35%	35%	15%	15%
$50,000 to $100,000	30%	30%	15%	25%
Over $100,000	25%	30%	15%	30%

Relevant Links

• Medical University of South Carolina Tech Transfer Office
• MUSC IP Policy (2017)
• MUSC IP Policy (2009)
• MUSC IP Policy (1997)