Harvard set to license 50-plus nanotech patents

Harvard University, in one of its largest technology transfer deals ever, is set to disclose today that it has licensed a portfolio of more than 50 nanotechnology patents to a Cambridge start-up that is working with manufacturers and the Pentagon to commercialize the technology.

As part of the deal, which has been in the works for more than a year but was finalized only last month, Harvard will take “a significant equity position” in the licensee, Nano-Terra LLC, said Isaac T. Kohlberg , Harvard’s chief technology development officer.

Harvard will also receive royalties from industrial applications of the intellectual property, developed over a decade in the university’s Whitesides Laboratory, said Kohlberg , who is also senior associate provost, managing Harvard’s Office of Technology Development. The parties did not disclose other financial details of the agreement.

Source:  Boston Globe

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