Innovative Programs in Technology Transfer: An Overview of Cedars-Sinai’s Technology Transfer International Program and Its Complementary Diagnostic Development Unit, 3rd Street Diagnostics
Abstract
Technology transfer offices at nonprofit academic medical centers face many challenges in their mission to protect and commercialize the intellectual property developed at their institutions. To address these challenges and ultimately improve the quality of life for patients around the world, the Technology Transfer Office (TTO) of Cedars-Sinai Medical Center, a California nonprofit public benefit corporation, has initiated two innovative and complementary programs. The first of these programs is the TTO’s International Program, which focuses on building partnerships with institutions outside the United States to expand technology transfer globally. The program’s goals center on exchanging best practices with its international peer organisations, accessing global markets and identifying opportunities for investments.