This initial partnership provides the opportunity to increase and accelerate the implementation of collaborative development and licensing of technologies that are specifically targeted to the particular needs of industry from a development perspective
Boston, MA (PRWEB) November 09, 2015
One Million Solutions in Health™, a Boston-based, not-for-profit organization, is pleased to announce its partnership with the National Institutes of Health Office of Technology Transfer (NIH-OTT) and the National Cancer Institute Technology Transfer Center (NCI-TTC). In this new, one-of-a-kind partnership, the organizations will work together to increase the visibility of NIH-developed technologies available for co-development and licensing. This goal aligns with the synergistic mission of these organizations – to increase the commercialization of important health care discoveries for the benefit of public health.
In this initial project, One Million Solutions in Health will collaborate with NIH’s Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD), a National Institutes of Health Institute supported by the NCI-TTC, to identify NICHD technologies suitable for co-development, with the intent of facilitating matches of the technologies to potential partners in the life science and healthcare industries. One Million Solutions in Health will work to assist the NICHD in finding industry collaborators and licensees. The NCI-TTC and NIH-OTT staff would then negotiate the agreements needed to formalize any partnerships that could result from this effort.
Furthermore, One Million Solutions in Health will aid in the planning and presentation of various programs that showcase NICHD technology and research and development areas. Additionally, One Million Solutions in Health will work towards sponsoring activities and programs that showcase the technology and capabilities of life sciences and healthcare entities.
“Our initial partnership with One Million Solutions in Health allows National Institutes of Health scientists to receive early feedback on their new technologies from industry. This feedback will certainly help us prioritize how to pursue future technology development in order to make new technologies more attractive to industry partners, stated Dr. Joseph Conrad, Technology Development Specialist in the NCI Technology Transfer Center. “This initial partnership therefore provides the opportunity to increase and accelerate the implementation of collaborative development and licensing of technologies that are specifically targeted to the particular needs of industry from a development perspective.”
The NIH-OTT manages the patenting and licensing of a wide range of inventions made by scientists working for the NIH and FDA intramural research programs, as mandated by the Federal Technology Transfer Act and related legislation. The NCI- TTC facilitates access to NCI and other NIH Institutes’ inventions, and unpatented technologies, by developing research and development relationships between NCI and other parties.
One Million Solutions in Health’s goal is to share new scientific technologies around the world in order to accelerate the technologies’ consideration, evaluation and adoption within the life sciences and healthcare industries. One Million Solutions in Health evaluates and presents newly developed technologies (drugs/therapeutics, devices, diagnostics, data, etc.) to large segments of the life sciences and healthcare industries for the purpose of providing these industries with knowledge and information about technology that may be of interest to the industry for further development and commercialization.
The ultimate goal of creating this initial partnership is to over time, transition the One Million Solutions in Health platform to other NIH ICs, thereby increasing the visibility of technologies across the National Institutes of Health, to members of the life science and healthcare industry. “One Million Solutions in Health can facilitate the visibility of NIH’s technologies and potential match-making between NIH and commercial entities,” said Dawn Van Dam, President and CEO of One Million Solutions in Health.
This initial partnership between NIH-OTT, NCI-TTC and One Million Solutions in Health will in the short term assist NICHD, and in the long term NIH, to expand its technology transfer and commercialization efforts to make more research available to the world for educational and commercial purposes.