Difference between revisions of "Loyola University Medical Center"
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[http://universitypatentdata.com/images/9/9e/2006_LoyolaMed.pdf 2006 Policy] | [http://universitypatentdata.com/images/9/9e/2006_LoyolaMed.pdf 2006 Policy] | ||
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| + | ''Net revenue represents gross revenue minus all expenses directly related to the prosecution of the patent and licensing agreement(s), and 12.5% of gross revenue, which is allocated to the Office of Research Services.'' | ||
''Distribution of net revenue: | ''Distribution of net revenue: | ||
Revision as of 11:35, 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
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
Net revenue represents gross revenue minus all expenses directly related to the prosecution of the patent and licensing agreement(s), and 12.5% of gross revenue, which is allocated to the Office of Research Services.
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
- https://web.archive.org/web/20190214211304/https://hsd.luc.edu/research_services/committees/technologytransfercommittee/ Loyola University Medical Center Tech Transfer Office]
- Loyola IP & Technology Transfer Policy (2009)
- Loyola IP & Technology Transfer Policy (2006)
