I’ve said it before, and I’ll say it again: You have to be patient when it comes to technology licensing—especially if you’re talking about commercialization of an innovation for medical use.
Yesterday, in conjunction with Breast Cancer Awareness Month, NASA’s Goddard Space Flight Center announced that Bartron Medical Imaging, Inc. received FDA clearance for its MED-SEG system, a new tool to help doctors analyze mammograms, ultrasounds, digital X-rays, and other medical imaging tests.
Bartron’s product relies on an innovative software program—originally called the Hierarchical Segmentation (HSEG) algorithm—that the company licensed from NASA more than half a dozen years ago.
I am proud to say that Fuentek played a key role in this technology transfer success. Working collaboratively with the Innovative Partnerships Program (IPP) Office, Fuentek planned and implemented a technology transfer strategy, including an interactive HSEG website with an online means of registering interest and downloading HSEG for evaluation, resulting in nearly 200 software usage agreement registrants beyond Bartron’s licensing and partnership agreements (we also assisted with some of those negotiations). And we wrote many successful award nominations.
I can’t tell you how satisfying it is to have played a part in Dr. James C. Tilton’s success with his technology. Congratulations to all!
For more information about how Fuentek helps clients with this type of intellectual property management, contact us.