Saturday, September 21, 2013
whopping patent fee for universities and tax free
Recent BusinessWeek has reported Princeton Uni. has collected $524M in patent license fee in the last 7 years, mostly from the invention of an anticancer drug, Alimta. Google paid Stanford Uni. $337M because Google was founded in the Stanford campus. Sometimes universities can rake up a whopping windfall. (Princeton Uni. has $17B endowment!!!)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment