High-Tech Academic Centers Look to Milk Their Cash Cows

Published: Jul 03, 2013

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Universities have long played key roles in biopharma, sharing the research of their professors and postdocs and, ever since the Bayh-Dole Act, more directly through technology transfer.

Now, a pair of new commercialization initiatives extends that biopharma involvement in more of a business-building direction, raising academia’s bet that new drugs can generate new money, and lots of it, as financial pressures continue to grow.

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