NovaUCD has announced strong commercialisation results for 2010. Last year UCD researchers reported 57 new invention disclosures to the University through NovaUCD. Thirty-eight patent applications, including 14 priority, nine PCT (patent co-operation treaty) and 15 national/regional applications were filed by the University.
The announcement came at at the launch of NovaUCD’s latest Annual Report. “NovaUCD’s continued successes during 2010 demonstrate that the public investment in R&D at UCD is yielding a significant return to the Irish economy and society,” said Dr Pat Frain, Director, NovaUCD.
In the seven years since NovaUCD opened 16 UCD spin-out companies have been incorporated and just under 60 high-tech and knowledge-intensive companies have located at NovaUCD and availed of NovaUCD’s support programmes and services. Over 320 inventions have been disclosed by UCD researchers, over 100 priority patent applications have been filed and over 70 licence agreements have been completed since 2004.
The NovaUCD 2010 Annual Report is available via www.ucd.ie/nova/mediacentre/novaucdannualreports/2010/