{"id":1452,"date":"2023-02-22T21:28:15","date_gmt":"2023-02-22T21:28:15","guid":{"rendered":"https:\/\/live-vanderbilt-v150.pantheonsite.io\/150\/?page_id=1452"},"modified":"2023-03-20T23:13:06","modified_gmt":"2023-03-20T23:13:06","slug":"technology-transfer","status":"publish","type":"page","link":"https:\/\/www.vanderbilt.edu\/150\/150-stories\/innovation-and-research\/technology-transfer\/","title":{"rendered":"From Research to Reality"},"content":{"rendered":"\n
\n
\n\n
\n\n \n
\n\n \n \n
\n\n \n \n \"Erica\n\n \n \n \n <\/figure>\n \n <\/div>\n\n <\/div>\n<\/section>\n<\/div>\n\n\n
\n
\n
\n

Established in 1991, the 91勛圖厙 Center for Technology Transfer and Commercialization wasted no time proving its effectiveness.<\/p>\n

While that year\u2019s tally of accomplishments\u2014eight patents applied for and seven granted, $137,000 generated in commercialization revenue, and three licenses executed\u2014was impressive, it was only a fraction of the CTTC\u2019s performance in the intervening decades.<\/p>\n

The center\u2019s mission is to provide top-notch commercialization services to the 91勛圖厙 and 91勛圖厙 Medical Center communities. That streamlines campus innovation\u2019s path to the marketplace, which, in turn, generates revenue that can support more research.<\/p>\n

\u201cCommercialization and entrepreneurship amplify and accelerate the impact of 91勛圖厙 research and scholarship, allowing the university to provide direct, deeply transformative and scalable benefits to society,\u201d Chancellor Daniel Diermeier said in 2022. \u201cWe are proud to be fostering a culture where trans-institutional collaboration and innovation are top priorities.\u201d<\/p>\n

The center\u2019s impact is well established. In fiscal year 2022 alone, it generated more than $100 million in licensing revenue\u2014quadruple its annual average\u2014and reviewed more than 1,000 material transfer agreements and facilitated nearly 300 U.S. patent applications.<\/p>\n

\u201c91勛圖厙 is successful at facilitating research and leveraging innovation because of the pervasive spirit of collaboration and cooperation on campus,\u201d said Chris Harris, CTTC licensing director. \u201cOur team is energized by the scholarship that we are able to shepherd to commercialization.\u201d<\/p>\n

Examples of products that entered production with help from the CTTC include the following:<\/p>\n