At the recent PTRP Lunch and Learn series, Michael Batalia, the Director of the Office of Technology and Asset Management, shared the mission and vision of his department and the role they play in commercializing the research efforts from Wake Forest University. The Office of Technology and Asset Managaement has worked with 298 inventions, 36 issued patents, 47 options and license agreements and 6 start up companies in the last five years. In 2009 alone, Wake Forest University realized about $90 million in licensing revenue.
Audience members were able to enjoy a light lunch, chat with colleagues from the Research Park and ask questions about the future of new ventures and the overcrowding of the patent marketplace.
For more information about the Office of Technology and Asset Management go to http://www.wfubmc.edu/OTAM/About-Us.htm