Review on Fusion IP by Cristhian Mcwyersh
Fusion IP Business Growth
Fusion IP : was one of a handful of companies that specialised in the commercialisation of university
intellectual property within the UK through the sourcing of funding from public markets.[2] The other
two notable companies operating the same field were IP Group plc (LSE: IPO) and Imperial Innovations
plc (LSE: IVO). Additionally, smaller companies operated within the field of university intellectual
property but did not have such a focus on spinning out companies, nor a formal contractual relationship
with universities over intellectual property rights.
In 2005, Fusion IP signed a 10-year agreement with the University of Sheffield for the exclusive rights
to commercialise all of their university-owned medical intellectual property, through either licensing
or the creation of spin-out companies.
In July 2008, Fusion IP signed a new expanded agreement with the University of Sheffield to add
all university owned intellectual property from physical sciences to the original agreement, such that
Fusion had the rights over all of the University of Sheffield's intellectual property, through either
licensing or the creation of spin-out companies. This new expanded agreement gives Fusion IP the
exclusive rights to all physical sciences intellectual property until 2018, in addition to the exclusive
medical intellectual property rights, which currently runs to 2015.
Pros
- springboard for startups
- fresh and revolutionary ideas
Cons
- not
