DURHAM – Duke University’s Office of Licensing and Ventures says its fiscal 2020 year was record-setting, from patents to licensing fees – and the Duke New Ventures program helped launch 17 startups.
Twenty-six of the invention disclosures were Covid-related ideas.
Significantly, revenue from Duke technology soared to $65 million, up from $7 million in fiscal 2019.
“Another record year further demonstrates the innovative culture of faculty and staff at Duke,” said Robin Rasor, executive director of OLV. “These collaborative and multidisciplinary ideas have resulted in more inventions moving out of the lab and onto the market.”