MEDTECH 2014 Executive Breakfast Presentation
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President of SUNY Research Foundation, Dr. Timothy Killeen, presented on academic and industry partnerships in MEDTECH 2014's Executive Breakfast.
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MEDTECH 2014 Executive Breakfast Presentation
- 2. MEDTECH 2014: Redefining Innovation in the Face of Healthcare Reform September 15, 2014 Tim Killeen Vice Chancellor for Research, State University of New York President, Research Foundation for SUNY
- 3. 80 million gross square footage $19.8 billion in economic impact The largest comprehensive university system in the United States Over $1 billion in sponsored research 3.6 million students, alumni and employees SUNY is… 7,669 degree and certificate programs
- 4. PEOPLE 468,000 Students 88,000 faculty and staff 3 million alumni INFRASTRUCTURE 64 Campuses 6 Centers for Advanced Technology 8 Centers of Excellence 17 Incubators TECHNOLOGY Over 1,000 issued patents Over 700 active licenses 72 active startups
- 5. 1950s Heart-Lung Machine 1960s Implantable Cardiac Pacemaker 1970s Magnetic Resonance Imaging (MRI) 1980s ReoPro: SUNY’s 1st FDA Approved Medicine 1990s Bar-Code Scanning Technology
- 6. Vision for Working with Industry Identify areas of excellence Leverage our diversity Look at industry and societal problems to be solved Foster interdisciplinary collaboration
- 7. Topical Areas Funded: Drug Discovery Novel Antibiotics Enhancing Lifespan Lipid Transport Proteins Treatment of Tuberculosis Hand-held Biosensors Neural Disease Health Record Data 3D Printing Tissues Personalized Organ Transplantation 25 proposals submitted 6 awarded Nearly 90 faculty involved Participation from 9 campuses Total award value: $900k.
- 8. New NSF Science and Technology Center X-Ray Bioimaging Technique The University at Buffalo, representing a national consortium of eight research universities and institutes, has been awarded $25 million from the National Science Foundation (NSF) to transform the field of structural biology, including drug development, using X-ray lasers.
- 9. Over 125 faculty 34 Proposals submitted 8 Projects Awarded Total award value: $800k Topical Areas: Ultra-thin implants Eye/brain dynamics Risk factors for neurological disease Brain function visualization Genetic disorders Computational modeling Cell generation
- 10. The activity of SUNY M&AM will impact medical, health, military, transportation industries, etc Create and build: BioMaterials, Green, Energy, Functional & Responsive Materials Flexible Electronics Green, Digital and Additive Manufacturing Over 50 research faculty Participation from 8 campuses Awards will be announced in August
- 11. Gov. Cuomo Announces the NY Power Electronics Manufacturing Consortium (PEMC) GE leads PEMC to develop next generation of materials and processes used on wide band gap semiconductors in partnership with SUNY CNSE – 6 inch SiC wafers - beyond silicon! 100 private companies; Investment of over $500M Open innovation facility
- 13. Innovation at Scale “This is the evolution of education in action…this is the delicate balancing act – systems and institutions learning to become leaner, smarter, stronger, and more resourceful through the very kind of hard work that SUNY is leading. And this is innovation at scale.”
- 14. SUNY Technology Accelerator Fund Advance SUNY technology from lab to market Mobility Assist Device for Improved Quality of Life Out of Stony Book University Helps people who have trouble standing up or sitting down Partnership with Biodex Medical System New Microphone Design for Hearing Aids Out of Binghamton University Based on hearing of a fruit fly, has potential to improve hearing aids Exploring partnership opportunities
- 15. Governor’s Innovation Agenda Innovation New York Network
- 16. The NY Opportunity and Challenge Innovation New York Network
- 17. Innovation New York Network In NYS, • University R&D is focused on the hard sciences • Venture capital is focused on IT and non-academics • There is a major disconnect • But also a major opportunity
- 18. Innovation Online Network INYN – Online Network Identifying, seeding, cultivating, connecting, empowering and quantifying New York State’s Innovation Ecosystem Research • Startups • Financing Infrastructure • People and Talent (Design version)
- 20. SUNY Incubator Network 17 incubator programs, across 11 campuses 22 program directors and staff 540,000 ft2 of incubator space across the state Over 550 companies and 2,100 jobs currently supported Over 480 graduated companies since 1990 Stony Brook Buffalo Downstate Fredonia
- 21. Southern Tier High Technology Incubator A partnership of Binghamton University and federal, state and local partners, the Southern Tier High-Technology Incubator will provide new opportunities for high-tech businesses to grow and succeed in the Southern Tier. • 21,000 square feet net space set to open in September 2016 • Focus areas: electronics, energy and health innovation@binghamton
- 22. SUNY startups are attracting the best investors
- 23. Summary • Alignment with Governor (NYS) Board/Chancellor Research Council: Based on system-wide faculty interests, capabilities, and aspirations • Build partnerships among SUNY’s research enterprise and statewide commercialization and technology community, federal government, private industry, international community • Re-invest in Multi-disciplinary Research, Research-enriched education, and Innovation. • Thanks for your guidance!
- 24. Engage with us: Bryan Allinson, Vice President of Innovation and Partnerships bryan.allinson@rfsuny.org (518) 434-7061 Heather Hage, Esq., Senior Director of Innovation and Partnerships heather.hage@rfsuny.org (518) 434-7061 Jeffrey Boyce, Director of Research-Supported Economic Development jeffrey.boyce@rfsuny.org (518) 434-7061 Thomas Moebus, Director of Investor Development tom.moebus@rfsuny.org (212) 317-3570 Gregory O’Connor, Director of Business Services gregory.oconnor@rfsuny.org (212) 364-5788 Angela Wright, Director of Government Relations angela.wright@rfsuny.org (518) 434-7065 Matthew Mroz, Assistant Director of Innovation and Partnerships matthew.mroz@rfsuny.org (518) 434-7175 Kimberly Eck, Manager, Collaborative Proposal Development kimberly.eck@rfsuny.org (518) 434-7291 www.rfsuny.org/innovationcontacts
Hinweis der Redaktion
- When speaking of SUNY’s unmatched assets, we’re talking about 3 core components – its People, the Infrastructure, and the Technology.
- We are innovation and global impact…and we’ve been doing it for decades. 1960’s - Early SUNY innovation includes the heart-lung machine developed at Downstate Medical Center making open heart surgery possible. The Implantable Cardiac Pacemaker, invented in 1960 by University at Buffalo alumnus and faculty member Wilson Greatbatch, saves millions of lives worldwide. 1970’s - SUNY revolutionized the medical imaging industry in the 1970s with the pioneering Magnetic Resonance Imaging (MRI) research done by Raymond Damadian at SUNY Downstate Medical Center and Paul Lauterbur at Stony Brook University. Today, the medical imaging industry generates approximately $100 billion annually. SUNY’s first FDA-approved drug was the result of over 20 years of platelet research at Stony Brook University. ReoPro lessens the chance of heart attack during and after coronary artery procedures like angioplasty and has been used to treat millions of people. In the early 1990’s, Theo Pavlidis, a computer science professor at the Stony Brook University and his colleagues developed software that relies on "fuzzy logic," which allows a computer to make an educated guess about what it sees. The new software enabled barcode scanners to read codes under less-than-ideal conditions, opening up a world of new opportunities for the devices.
- We have participation of more than 500 faculty across 26 campuses.
- we are bringing together the brains (literally) from across our campuses to put together our scale into responding to larger societal questions, that requires the scale of SUNY (infrastructure) that is beyond what one single campus (traditional way of conducting research) can do. The Brain Network has a membership of over 100 faculty and researchers - neurosciences, behavioral sciences, psychology, nanotechnology, bioinformatics, engineering
- Governor Andrew M. Cuomo announced that the State will partner with over 100 private companies, led by GE, to launch the New York Power Electronics Manufacturing Consortium. The Consortium will invest over $500 million and create thousands of high-skilled, high-paying jobs in Upstate New York over the next five years – including at least 500 in the Capital region – focusing on the development and manufacture of the next generation of materials used on semiconductors. The New York Power Electronics Manufacturing Consortium (NY-PEMC) is a public-private partnership that will help develop the next generation of materials used on semiconductors at the State-owned R&D facility in Albany. Managed through the newly merged SUNY College of Nanoscale Science and Engineering (CNSE)/SUNY Institute of Technology (SUNYIT), this next generation of semiconductors will enable power devices to get smaller, faster and more efficient as the current material, silicon, has reached its entitlement. The site will act as a global “open-innovation” user-shared facility, which will enable the expansion and growth of major corporate partners, as well as small and medium-sized enterprises (SME’s) with a particular emphasis on MWBE firms and enterprises. GE will be a lead partner in the fab, housed at the CNSE Nano Tech complex, which will develop and produce low cost, high performance 6” silicon carbide (SiC) wafers. All NY-PEMC partner companies will have access to state-of-the-art 6” SiC tools and a baseline process flow, contributed by GE, where they can make their own enhancements in preparation for high volume, cost effective manufacturing.
- The Mobility Assist Device is licensed to Biodex (LI company) and they are in the process of designing a version of the device that will be accepted by the market. We learned from Stony Brook’s OTLIR that manufacturing and commercial sale is imminent. Dr. Ron Miles’ invention overcomes the performance limitations of existing microphones used in cell phones and hearing aids by using a diaphragm that prevents unwanted sounds from being detected. It also achieves higher signal to noise ratios, has a much lower noise floor, relatively low power consumption and is lightweight. Average TAF investment is $50K to support the development and commercialization of an innovation Total return on investment: $1.9M To date, TAF has invested in 26 technologies, which includes its 5 latest investments that are part of the TAF Class of 2014 Fall. TAF’s total return on investment to date (1.9M) includes investment from external partners, including federal and state funding agencies, industry partners and the investment community. TAF supported technologies have been licensed to NY startup companies that have leveraged TAF funding to receive SBIR/STTR Phase I and II awards.
- This slide depicts the Governor’s Innovation Agenda and its essential components. They do not stand alone, but rather, work in harmony. The Innovation NY Network is the connective tissue that maximizes the other programs. Here you can say a few words about each of the programs – especially START-UP NY and SUNY’s key role.
- From Entrepreneurship in NY Study Deeper detail comparing R&D and Private Investment. Note very low ratios in the Sciences, while investment dollars far outpace R&D in IT and Creative.
- Based on the success of the first NY Innovation Showcase, we plan to offer a suite of programs to connect entrepreneurs at all stages of the innovation pipeline with both advisors and investors. The Innovation Showcase will also be positioned as one of the ways in which INYN is supporting quality deal flow presentation to the public investment funds (Innovation Venture Capital Fund and Innovate NY Funds). As much as possible, we will engage these and other investors in educational roles to clarify for entrepreneurs exactly what is needed to attract investor interest and eventual financial investment. We will work with regional partners (Innovation Hot Spots, Incubators, others), will collaborate with university and other programs, and will engage other event providers to deliver an effective and efficient state-wide plan for these programs. We will also continue the track the impact of Innovation Showcase to meet our objectives of increasing investment to start-up businesses, and their eventual success in generating revenue and employment.
- Investors who have made an investment in either: A startup company having licensed technology from a SUNY campus, A company operating in a SUNY incubator, A company operating on a SUNY campus identified as a STARTUP-NY zone