On 4/14/10 at the 2010 TU Showcase Dr. Martha Connolly, Director, Maryland Industrial Partnerships, highlighted programs and funding available for University-Industry collaborations
1. April 14, 2010 TOWSON UNIVERSITY SHOWCASE Maryland Industrial PartnershipsMIPS Martha J. Connolly
2. Maryland Technology Enterprise Institute · A. James Clark School of Engineering · University of Maryland MIPS: What is it? The Maryland Industrial Partnerships (MIPS) program accelerates the commercialization of technology in Maryland by providing matching funds for collaborative R&D projects between companies and University of Maryland faculty.
3. Maryland Industrial Partnerships Current state annual funding for MIPS is $1.55 M Faculty and students gain funding to engage in commercially-relevant R&D Companies leverage their R&D funding and gain access to faculty expertise, and U-Md facilities Disciplines: Engineering, and computer, physical, life sciences and environmental sciences Proposals are evaluated two ways: Scientific/technical evaluation Business/economic review
7. HughesNet (internet via satellite)Hughes Network Systems, Germantown, MD HughesNet is the world's leading broadband by satellite service. $7.4 B in sales to customers in 85 countries. System based on design by Dr. John Baras, Professor of Electrical and Computer Engineering at UM College Park, who worked out protocols for how Internet is delivered by satellite worldwide PI: Dr. John Baras
8. FormulaidMartek: Columbia, MD Patented blending of nutritional oils (docosahexaenoic acid (DHA) and arachidonic acid (ARA), produced from microalgae Aids in the development of the eyes and central nervous system in newborns. Company has license agreements with thirteen infant formula manufacturers representing more than two-thirds of the world's wholesale infant formula market. 95% of US kids under 5 have consumed this product $1.7 B in revenues PI: Dr. Richard Calabrese
9. Synagis MedImmune (Gaithersburg, MD) Now the 10th best selling biotech drug in the world (past sales approx $7.8 B) Used to prevent respiratory syncytial virus (RSV) disease in infants. MedImmune’s MIPS project “improved [our] knowledge of carbohydrate analysis…and helped in structural testing of Synagis.” -John Hope, MedImmune scientist PIs: multiple
10. Bullet Speed Tip Masonry Drill Bit Black & Decker (Towson, MD) Unique drill bit design Drills up to two times faster than competitive bits; drills up to six times more holes per battery charge when using a cordless drill Technology is used in DeWalt line of 29 drill bits PI: Dr. Appa Anjanappa, ME, UMBC
11. CryoSpray Ablation™ System CSA Medical (Baltimore, MD) New device and treatment for Barrett’s esophagus (a pre-cancerous condition) First clinical trails done at UMB Product launched in May, 2007 CSA Medical now has >45 people Company recently raised Series A financing of $8M MIPS-funded study results presented at national medical meeting, Oct 07 PI: Bruce Greenwald, MD; UMB
12. MIPS Impact Data (1987-2009) Performance of the Top Products MIPS Research Has Contributed to:
13. Maryland Technology Enterprise Institute · A. James Clark School of Engineering · University of Maryland Web Site and Contact MIPS Web site: www.mips.umd.edu MTECH: www.mtech.umd.edu with links to other MTECH programs Martha Connolly, MIPS Director marthac@umd.edu; 301-405-3892
