A major objective of OTC is to match university inventions with potential sponsors or licensees. As the universityâ€™s licensing arm, OTC executes a range of license, option, and collaboration agreements. OTC seeks to foster constructive and beneficial relationships between industry and the university so that each organization may enjoy the results of cooperative efforts.
Patenting OTC works with campus inventors to guide them through the intellectual property protection process.
OTL records its first license agreement through its predecessor Research Corporation with Microwave Scalpel Inc., a company based on Dr. Leonard Taylorâ€™s microwave scalpel invention of 1979
1st startup license
to Oceanix Biosciences Corp., later NovaScreen Biosciences Corporation, a Maryland-based provider of drug discovery and development services and products
1st Invention of the Year for 1987
awarded to Ben Shneiderman and Richard Potter for Touch Screen Finger Mouse