Mayo Clinic Office of Intellectual Property
The Office of Intellectual Property works closely with Mayo physicians and scientists to mine inventions, ideas, and discoveries that will truly transform healthcare. As a team, their dedicated efforts bring significant financial support to Mayo’s patient care, education and research efforts. They do this by serving as a bridge between discoveries and the marketplace. The Technology Licensing Managers have extensive experience in science, technology based ventures, patent law, product licensing and start-up companies.
The Office of Intellectual Property:
- Receives more than one idea per day from Mayo Inventors
- Achieved an average success rate of 46% over the last 10 years
- Contributed $130 million net operating income to Mayo Clinic’s patient care and education since 1986
- Filed over 3,000 patent applications
- Completed over 1,000 license agreements
- Has been involved in 52 start-up companies