20th May 2009
Supporting technology transfer
- Cambridge Consultants advises Cambridge University's tech transfer arm on IP strategy, identifying a potential multimillion dollar opportunity in a high growth drug discovery market
A multidisciplinary team of technology strategists and scientists from Cambridge Consultants has provided advice to Cambridge Enterprise Ltd., regarding potential applications for microdroplet technology in a high-growth sector of the drug discovery market, currently valued at US$140m.
Cambridge Enterprise is the world leading technology transfer arm of the University of Cambridge, responsible for the commercial realisation of its inventions, innovations and discoveries. In the year 2007-08, Cambridge Enterprise’s income exceeded £10m for the first time, comprising £8.8m from licensing, consultancy and royalties, and a further £1.7m from the equity realisation in five companies.
Cambridge Consultants' assignment involved undertaking a review of the Intellectual Property (IP) landscape in the field of microdroplets which, together with a programme of qualitative and quantitative market research, has informed the commercialisation plans of the Microdroplets Group at the University’s Department of Chemistry. Based on the findings of the studies, the Cambridge Consultants team was able to provide an expert opinion on the validity of key IP, together with an assessment of the commercial opportunities and potential for the technology in three specific market areas.
Commenting on the project, Dr. Richard Day, a Senior Consultant at Cambridge Consultants with 15 years of experience in the science of microfluidics, said, "We unearthed a densely populated minefield of IP in the microdroplet area, but were able to identify a subset of representative patents for further analysis. A screened list of the ten leading, and potentially blocking, patents of greatest interest were reviewed in detail to establish the validity of their claims. This enabled us to provide specific advice, allowing the University to identify regions in the IP landscape open for further investigation."
Having identified areas for the technology to be further exploited, a project team of healthcare market specialists analysed the market and competitor activity. They took a systematic approach to assessing the market and commercial opportunities, interviewing a panel of industry experts from world-leading commercial organisations in the field to identify the most promising and beneficial applications for microdroplets. The result was an industry-validated overview of the potential benefits of the technology, which could be used to inform strategic decision making, and to highlight what further laboratory development is required. The result was a validation of the University’s belief in its own technology, and evidence to support a successful market adoption.
Commenting on the engagement, Dr. Maher Khaled, Technology Manager, Cambridge Enterprise said, "University researchers will be exploring applications for the microdroplets platform over the next few years. Cambridge Consultants has obtained invaluable insight from industry leaders on where this technology could be applied for the greatest value. With a number of potential paths to commercialisation, Cambridge Consultants has also assisted the microdroplets team by evaluating established patent positions. This has prompted the researchers to develop alternative approaches that will preserve their freedom to commercialise any promising results with assistance from Cambridge Enterprise."
Cambridge Consultants' consulting teams advise a wide range of client organisations on market strategy, technology feasibility and innovation management, supporting transactions, acquisitions and investment. The multidisciplinary skills and industry knowledge of the company’s scientists and engineers - from its medical technology, products and systems, and wireless divisions - enable them to identify technology risks and assess their implications for a client’s business, making the difference between a successful or poor investment.
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Notes for editors:
Cambridge Consultants develops breakthrough products, creates and licenses intellectual property, and provides business consultancy in technology critical issues for clients worldwide. For 50 years, the company has been helping its clients turn business opportunities into commercial successes, whether they are launching first-to-market products, entering new markets or expanding existing markets through the introduction of new technologies. With a team of over 300 engineers, designers, scientists and consultants, in offices in Cambridge (UK) and Boston (USA), Cambridge Consultants offers solutions across a diverse range of industries including medical technology, industrial and consumer products, transport, energy, cleantech and wireless communications.
Throughout 2010, Cambridge Consultants celebrates its 50th year in business. Created by three Cambridge graduates in 1960, the company has grown into a leading technology business, renowned worldwide for its ability to solve technical problems and provide innovative, practical solutions to commercial issues. In 2009, the company was awarded the prestigious Queen’s Award for Enterprise in International Trade. For more information visit: www.CambridgeConsultants.com
Cambridge Consultants is part of Altran, the European leader in innovation and high technology consulting. The Group’s 17,500 consultants, operating worldwide, cover the entire range of engineering specialities, including electronics, information technology, quality and organisation. Altran offers its clients ongoing support throughout the innovation cycle, from technology watch, applied basic research and management consulting to industrial systems engineering and information systems. The Group provides services to most industries, including the automotive, aeronautics, space, life sciences and telecommunications sectors. Founded in 1982, Altran operates in 20 priority countries. In 2008, it generated a turnover of €1,650 million. For more information visit: www.altran.com
Cambridge Enterprise Ltd. is a wholly owned subsidiary of the University of Cambridge, responsible for the commercialisation of University intellectual property. Activities include management and licensing of intellectual property and patents, proof of concept funding and support for University staff and research groups wishing to provide expert advice or facilities to public and private sector organisations. Cambridge Enterprise provides access to angel and early stage capital through the Cambridge Enterprise Seed Funds and Cambridge Enterprise Venture Partners, and offers business planning, mentoring, specialist Surgeries and other related programmes.
The University leads the world in transformative research and Cambridge Enterprise is well placed to support the academics to find the best commercialisation route for their innovations either through licensing or company creation. In 2007/08 income from licensing, consultancy and equity transactions exceeded £10 million, of which £8 million represents distributions to University departments and academics. Further information on Cambridge Enterprise can be found at www.enterprise.cam.ac.uk
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