Patent royalties increasing for Brown

Friday, September 28, 2012 | from the Daily Herald, by Tonya Riley
The income the University earned as a result of patent royalties stemming from its research increased by about 65 percent from 2011 to 2012. Gross licensing income climbed to $1,592,300 in 2012, an increase from $962,000 in the previous fiscal year, according to information provided by the Technology Ventures Office. Ninety-eight patents were filed during the fiscal year 2012, and 15 were issued, compared to 72 and eight, respectively, in 2011.