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University Inventions Earned $1.4-Billion in 2011 – Administration – The Chronicle of Higher Education

By August 28, 2012No Comments
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Universities and their inventors earned more than $1.4-billion from commercializing their academic research in the 2011 fiscal year, collecting royalties from new breeds of wheat, from a new drug for the treatment of HIV, and from longstanding arrangements over enduring products like Gatorade.

Northwestern University earned the most of any institution reporting, with more than $191-million in licensing income.

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