We are very pleased to announce the launch of The West Coast Licensing Partnership (WCLP) on Flintbox.
What is The West Coast Licensing Partnership?
WCLP consists of seven West Coast North American research institutions. The WCLP recognized certain technologies developed within each institution might be of limited value for licensees on their own. As a result, the partnering institutions have begun working together to present “bundles” of compatible life science technologies that together provide a value-added package.
Each bundle agreement grants non-exclusive rights to a large group of technologies and tools under a single license. The bundles are promoted online through Flintbox.
How it started:
Initiated by Caroline Bruce, former Associate Director at The University of British Columbia’s University-Industry Liaison Office, the WCLP was formed at a satellite meeting of BIO Partnering North America in Vancouver in 2006.
Participating organizations:
The partnership brings together seven like-minded research institutions willing to bundle a subset of their technology opportunities for marketing and licensing:
The University of British Columbia
The British Columbia Cancer Agency
The University of Washington
Fred Hutchinson Cancer Research Institute
Oregon Health & Science University
The Scripps Research Institute
Salk Institute for Biological Studies
Benefits:
- Simple one-stop licensing of technologies from multiple institutions
- An added value from the bundle of related technologies over individual tools and technologies
- Standardized inter-institutional agreements are executed for each bundle prior to marketing
- Increasing global access to research tools by promoting and enhancing non-exclusive licensing
- Strengthening inter-institutional relationships between member partners
The West Coast Licensing Partnership launched this week on Flintbox, just in time for the 2008 BIO International Convention. Keep an eye on the Flintbox blog for more news about the WCLP and view their current bundles on the Flintbox site.
