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Faculty innovations spotlighted at national convention

Binghamton University showcased five faculty innovations at last month’s BIO 2006 Chicago Annual Convention as part of a Research Foundation of SUNY effort to develop licensing and other commercialization opportunities.

“This effort marks the first time the technology transfer directors at the various state university campuses have pooled their resources to promote faculty innovations in a system effort at an important event such as BIO’s annual international convention, which attracted close to 3,000 registrants,” said Eugene Krentsel, director of technology transfer and innovation partnerships. “This should lead to new opportunities for Binghamton University and our colleagues.”

During one-on-one meetings and in the Research Foundation’s technology transfer exhibit area, part of the New York State Pavilion, Krentsel met with more than 15 companies to discuss licensing opportunities for innovations developed by Binghamton University scientists:

Krentsel and the technology transfer directors from Albany, Stony Brook, Buffalo and the Research Foundation’s central office had a total of 69 meetings with potential partners.

They also networked with 18,000 biotech professionals from 60 countries, 4,000 companies and 3,000 exhibitors during a three-day period that saw 16 governors, past and present U.S. agency secretaries and former President Bill Clinton address the biotechnology and pharmaceutical group.

Krentsel’s aim was to present select faculty innovations to targeted companies that can help develop or commercialize drugs, therapies and devices for some of the world’s most devastating diseases, including cancer, diabetes and genetic disorders. Thanks to their collaborative efforts, they achieved the:

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