The Bayh-Dole Act is arguably one of the most successful pieces of bipartisan legislation ever passed. Its first line says, “It is the policy and objective of the Congress to use the patent system to promote the utilization of inventions arising from federally supported research or development…” Since the act’s passage in 1980, the number of granted patents receiving government funding has increased dramatically.
Because of this, research institutions face unique challenges, from balancing large IP portfolios to identifying revenue-producing applications for their discoveries and inventions. McKee, Voorhees & Sease is a recognized leader in the technology transfer sector, helping clients translate cutting-edge science into products and processes that can be protected and commercialized.
Combining extensive IP experience prior to and following the Bayh-Dole Act passing, technical training, and a strategic business focus, we serve as the connecting force between scientific and commercial ventures. Throughout the commercialization process, we assist with patent strategy, prosecution, licensing, portfolio management, and enforcement to support our clients’ transactional and strategic needs.
Our team of seasoned advisors represents more than 40 technology transfer organizations, research foundations, and universities worldwide, from The Ohio State University and Colorado State University to the University of Saskatchewan and the University of Leicester. We are particularly attuned to the needs of land-grant universities in the Midwest, leveraging our location and the expansive scope of the technology transfer and research industry.
MVS has converted hundreds of chemical, mechanical, and biotechnology discoveries into successful patent applications with proper commercial applicability. Since 2014, we have held a 99 percent allowance rate in the Biotechnology and Organic Chemistry Tech Center, a 100 percent allowance rate in the Chemical and Materials Engineering Tech Center, and a 73 percent allowance rate across the Mechanical Engineering and Agriculture Tech Centers, setting the standard for national average allowance rates.
We cultivate long-lasting and collaborative working relationships with our clients and serve as active participants and thought leaders in the technology transfer field. Our lawyers have actively participated in the Association of University Technology Managers (AUTM) for decades – from serving on boards to speaking at invitation-only leadership forums – in order to stay up to date on pressing industry issues and advocate on behalf of our clients. MVS is proud to be an annual sponsor and supporter of AUTM Regional Meetings and Partnering Forums.
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