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SEPTEMBER 2017

Monthly information on a variety of economic, business, and technology related legal news as well as highlights and profiles of resources and events across New York state.

NYSSTLC Newsletter Fall 2017

A newsletter from the New York State Science and Technology Law Center (NYSSTLC), a NYSTAR-funded resource offering research centers, startups, tech transfer offices, entrepreneurs, accelerators, established companies, and funding sources valuable research on technology commercialization issues.

At NYSSTLC, law students—under the guidance of experienced adjunct professors, Dean Bell, Dom Danna, and Chris Horacek—provide research on Intellectual Property, markets, regulatory pathways and other legal issues to help determine next steps toward commercialization.

Check out the NYSSTLC website to view guidebooks, webcasts, and videos to learn more about technology commercialization.

NEWS FROM THE CENTER

NEXUS Incubator

This past summer, NYS STLC again saw the completion of technology commercialization research including for: the NYSERDA-sponsored NEXUS Accelerator at High Tech Rochester, the SUNY universities at Binghamton, Buffalo and Stony Brook, the SUNY College of Optometry, and for a StartFast Venture Accelerator group. Currently, fall 2017 has kicked off with work on three comprehensive and six targeted research projects.

Traverse Biosciences

NYS STLC research client Traverse Biosciences has been accepted into the NIH Commercialization Accelerator Program for Phase II SBIR & STTR awardees. Traverse received a 1.3M Phase II Small Business Technology Transfer (STTR) award in partnership with the School of Dental Medicine at Stony Brook University last year. The Program offers 80 companies a year access to industry connections, the opportunity to receive feedback from experts in the life sciences industry, investment community, regulatory affairs and research as well as the opportunity to deepen market and customer relationships. Read more here.

EpiWELL

In 2016, Dr. Magnolia Ariza-Nieto participated in a Cornell University PreSeed Workshop, a two and a half day event that brings together experts in the New York community to help companies focus on commercializing hard-science technologies. At the workshop, Ariza-Nieto learned how she could bring her diagnostic epigenetic kit and complementary precision medicine service called epiWELL to market.

The NYSSTLC, which sponsors and participates in PreSeed Workshops, worked with Ariza-Nieto at the workshop, which evaluated her technology at an early stage by providing research and information on key issues, including potential purchasers, distribution channels, the size of the opportunity, competitors, and a value proposition.

This evaluation allowed Ariza-Nieto to pursue her innovation and she later met with Dr. Shubha Ghosh, director of the Technology Commercialization Law Center, who was vital in providing IP and licensing counsel. In the end, epiWELL and Cornell University agreed to share the epiWELL patent 50/50 and Ariza-Nieto was able to preserve her rights to publish and to patent and eventually bring epiWELL to market.

For more on Ariza-Nieto’s story, click here.

IP/Regulatory Law Watch

Trump Nominates Andrei Iancu as USPTO Director

President Donald Trump has nominated Andrei Iancu as the new director of the United States Patent and Trademark Office (USPTO), according to an announcement from the White House. Iancu is currently the managing partner of Irell & Manella LLP, which specializes in IP law. The firm has previously dealt with President Trump in the past when it defended Trump and NBC Productions in a case involving copyright claims over the TV show, “The Apprentice.” This announcement comes after previous USPTO director Michelle Lee, an Obama appointee, resigned in July after months of uncertainty over who would lead the office. For more on the Iancu nomination, click here.

Antitrust Law: Pay for Delay in the Third Circuit

In an August 21 decision, the United States Court of Appeals for the Third Circuit resolved a conflict between two US Supreme Court precedents about the legality of agreements between patent owners and generic drug companies to delay sale of generic drugs.

Shubha Ghosh, Crandall Melvin Professor of Law at the Technology Commercialization Law Program, wrote about the decision, which you can read here.

Around New York State

Cornell Tech NYC Campus Dedicated

Cornell Tech has officially opened its campus in New York City. In a ceremony that included speeches from former Mayor Michael Bloomberg, New York Gov. Andrew Cuomo, and Mayor Bill de Blasio, the futuristic campus was dedicated on Roosevelt Island. Built in collaboration between Cornell University and the Technion-Israel Institute of Technology, the 12-acre campus is currently home to 50 doctoral and 250 master’s students pursuing technology-oriented degrees, with hopes to get up to 2,000 students when the campus is fully finished, according to officials. The idea of the new Cornell Tech campus came in 2011 as part of a competition hosted by then-Mayor Michael Bloomberg as part of the city’s mission to rival tech hubs like Silicon Valley. For more on the dedication ceremony, click here.

Status of and Vision for the Additive Manufacturing Ecosystem in New York State

NYSERDA and Empire State Development have published a FuzeHub report, titled “Status of and Vision for the Additive Manufacturing Ecosystem in New York State,” which advocates for the government to act as an additive manufacturing ecosystem convener. Published after two years of research from a steering committee made up of industry, academic, and government stakeholders, the report recognizes “a ripe opportunity to accelerate and shape this coalescence in a way that maximizes the job creation potential associated with the sector’s growth.” According to the report, additive manufacturing presents opportunity in both innovation and economic growth in New York through, among others, manufacturers adopting 3D printing and using it to speed research and development (R&D) and product development cycles. For the full Report 17-12, click here.

Events

NEXT Conference and Tech Showcase

The fourth edition of the NEXT Conference and Tech Showcase will take place on Friday, November 17 at Sheraton Syracuse University. The conference will bring together investors, entrepreneurs, researchers and more to focus on innovation in technology, manufacturing, and biotech. The full-day program will feature two key-note speakers, artificial intelligence and robotics expert Hod Lipson, PhD, as well as neuroscientist and medical intelligence expert Dave Warner, MD PhD. To learn more about the event and to register, click here.

“Concept to Commercialization” Bootcamp

The third and final workshop of the “Concept to Commercialization” Bootcamp will take place on October 12 and 13 at the CNY Biotech Accelerator in Syracuse, NY. The session on October 12 will cover topics for emerging companies, including NYS tax innovation programs, risk management practices, developing a pitch, and where to go for investment and funding. October 13’s session will cover data and resources with topics including statistics and data methods, good clinical practice regulations for clinical trials, where to go for resources, and more. To register for one or both of the sessions, click here. The past two workshops have covered technology commercialization, medical device US regulations & engineering, legal and start up planning, and design and development.

Business Connection Forum Albany

Representatives from Europe’s key microelectronics industry clusters will be coming to Albany, NY from October 3-5 for a three-day business connection event. Silicon Europe Worldwide, in partnership with the Center for Economic Growth and New York Loves Nanotech will be organizing the event, which will cover technological themes such as autonomous operations, health applications, smart cities, and advanced electronics. Speakers from companies like IBM and GE will be at the event and participants will have the opportunity to pitch their company, network, discover the latest technological trends, and more. To learn more about the event and to register, click here.

MEDTECH 2017 “DisruptNY: Harnessing the Power of Partnership.”

MEDTECH 2017 will take place on October 30 and 31 at the Buffalo Hyatt Regency in Buffalo, NY. The bioscience and medical technology event will include keynotes from industry leaders with tracks including Innovation & Technology; Regulatory & Policy and an exclusive Startup track. The event will also include interactive panel discussions and opportunities for networking and partnerships featuring a Tech Showcase. To register for MEDTECH 2017, click here.

Resources

FuzeHub Offers Solutions Forum to Businesses Across New York State

FuzeHub, in partnership with various resource partners across New York State, offers Solutions Forums where leaders of manufacturing and product development organizations meet directly with business and technology experts for one-on-one consultations. The events help organizations find solutions to their business and manufacturing challenges while also offering the chance to learn about opportunities for growth. Operating on a first-come, first-served basis, the latest Solutions Forum took place at Stony Brook University where attendees were able to meet with NYSTAR-funded programs, including university research centers. For more on FuzeHub Solutions Forums and to learn about future opportunities, click here.