Johns Hopkins University’s Applied Physics Laboratory says it has experienced record growth for initiatives to move its scientific discoveries into the commercial sector in 2014.
APL said Wednesday it signed 77 license agreements covering lab-developed technologies this year, up from 40 technology license deals recorded a year ago.
The number of invention disclosures from the lab rose 12 percent over the prior year to 257.
“The increases we’ve seen over the past year are a direct reflection of the vision and ingenuity of our staff members, the resourcefulness of our technology transfer team, and the contributions from Lab partners in industry and government,” said Norma Lee Todd, head of APL’s technology transfer office.
APL has also helped launch technology firms NexGen Forensic Science, Articu-Tech, Cognoscenti Systems, Reality, WREN Scientific and Bioreactors Technologies.
The lab also partnered with the Maryland Center for Entrepreneurship with the goal of bringing customized platforms to the marketplace.