Under UNMC policy all researchers have a duty to report inventions to UNeMed, UNMC’s technology transfer office.
But aside from that, there is significant incentive to contact UNeMed about the invention. Consider that:
- UNeMed invests thousands of dollars on patentability searching and analysis to determine if an invention should be patented;
- When patentable and marketable, UNeMed pays for patenting and conducts marketing campaigns to seek licensing of the technology or sponsored research to further develop the technology;
- Inventors of successfully licensed technology receive one third of its net revenue;
- Many inventors receive quarterly royalty checks from UNeMed for their licensed technologies;
- Many others have dramatically developed their laboratories through sponsored research agreements brought in by UNeMed; and
- If you have an idea that needs some seed-money to research, UNeMed has innovation grants available for funding such research that has a likelihood of becoming a marketable invention.
Learn more at UNeMed’s website.