Intellectual Property Partners Announces the IP2Biz„ Process to Help Universities Take Breakthrough Technologies to Market



8211;- While billions of federal dollars pour annually into research universities to develop exciting new technologies in medicine, science and engineering, universities often get no assistance in commercializing their breakthroughs.

To meet that need and rapidly take innovations to market, Intellectual Property Partners LLC (IP2) has developed the IP2Biz's8482; process to jump-start technologies toward commercialization, usually in six to 18 months.

's8220;We all read and hear about Google,'s8221; said John Bacon, chief executive officer of IP2. 's8220;What we don's8217;t read about, though, is that for every one of the successes, there were hundreds of technologies that never reach commercialization because of insufficient infrastructure and process.'s8221;

Bacon explained that in the IP2Biz's8482; model provides critical structure and process by rigorously analyzing opportunities, providing capital directly to universities, and relentlessly focusing on IP2's8217;s proprietary processes for systematically achieving success. Bacon said, 's8220;IP2Biz's8482; means that the innovation is rapidly developed, packaged and then licensed typically to an operating company to complete the commercial development.'s8221;

The IP2Biz's8482; model recognizes that, as hits are in baseball, technologies are singles, doubles, triples, home runs, and grand slams. 's8220;While the focus has been on grand slams like Google, the IP2Biz's8482; process analytically and systematically takes every technology as far as it can go. 's8220;Most of the time, that's8217;s just a single,'s8221; said Bacon. 's8220;But if you hit at least a single every time you step up to the plate, you go to the Hall of Fame.'s8221;

IP2 is an early-stage technology analyst and investor jump-starting technologies for market entry. At universities, national labs and major hospitals, IP2 conducts rigorous market analyses, obtains exclusive licenses for the technology, sponsors research and development, and works with companies that bring that technology to market.

For more information, visit www.ip2.biz.
Contact: Jon Giuliano at 404-961-3000





Intellectual Property Partners Announces the IP2Biz„ Process to Help Universities Take Breakthrough Technologies to Market