As the designated technology transfer office for UW-Milwaukee (UWM), the UWM Research Foundation (UWMRF) is offering several options for Intellectual Property (IP) licensing tied to sponsored research conducted with industry partners. The goal is to make partnering transparent, fair, and with minimal negotiation, in order to focus on research, innovation, and bringing new products to market.
When a company is interested in conducting a research project with UWM faculty, they can lock in up-front specific royalty rates for a flat fee on top of the costs of the research. These rates are lower than the rates normally utilized for comparable deals for early-stage technologies. Any license will require that the company pays all patent costs. Royalties will only be paid to the university once the licensed product is proven to be successful, with a cumulative net sale of $20 million.
Additional Details
The company must pay the license fee at the start of the sponsored research project. If not, standard license negotiations will apply.
A company with a non-exclusive license can upgrade to an exclusive license when the patent application is filed. The license will be signed upon the filing of the patent application or copyright creation.
The company covers all costs related to patent or copyright protection.
Panther Partnering does not include industry master agreements or technologies in the pharmaceutical or medical devices arena which may require regulatory approval.
UWMRF will own the IP unless there is joint inventorship with an industry sponsor employee.
This offer is not available for projects funded by federal, non-profit, or other non-commercial sponsors or consortia agreements.