Moffitt, UT Commercializing Intellectual Property

Published: Aug 17, 2010
Moffitt Cancer Center and the University of Tampa are collaborating to commercialize intellectual property.

Moffitt researchers making discoveries have an ownership interest in the commercialization process but often do not have the appropriate training in the business arena. Delving into private capital markets requires a solid business model. That’s where graduate students in UT’s John H. Sykes College of Business come in.

As part of the master’s in business administration curriculum, students coached by professors in entrepreneurship and finance are currently working with Moffitt’s faculty members to prepare formal business plans for their start-up companies. In addition, Moffitt’s Office of Technology Management and Commercialization will have UT Sykes’ MBA student interns tasked with assisting in market research, competitive intelligence and financial modeling for technologies reported to this office. The students’ findings and analysis will be memorialized in marketing materials.

“I am delighted that Moffitt has forged this academic partnership with the prestigious University of Tampa business school,” said Dr. William Dalton, center director and CEO of Moffitt. “This is a unique opportunity for these MBA students to learn first-hand about Moffitt’s groundbreaking discoveries and gain valuable hands-on experience in learning the process of commercializing medical breakthroughs and ultimately getting them to the patient.”

Moffitt researchers gain new insight into the potential value of their discoveries beyond the bench and the clinic; MBA candidates are exposed to cutting-edge cancer research and biotechnology applications.

“It’s truly a win-win. We’re focusing on the best strategy to provide value to Moffitt and offer a richer learning experience for our students,” said Frank Ghannadian, dean of the Sykes College of Business.

The Sykes College of Business is one of the elite private schools in the Southeast accredited at both the graduate and undergraduate levels by The Association to Advance Collegiate Schools of Business.

For more information, contact Patty Kim at Patty.Kim@moffitt.org or (813) 745-7322.