|
For Immediate Release
March 3, 2005
Tenants learn more about implications of Bayh-Dole act
|
|
MaryAnne Armstrong, partner with BSKB law firm, and David Lohr, executive director of the Virginia Biosciences Development Center.
|
RICHMOND, Va. - The Bayh-Dole Act created a uniform patent
policy among the many federal agencies that fund research,
enabling small businesses and nonprofit organizations, including
universities, to retain title to inventions made under federally
funded research programs. However, at the March Brown Bag
luncheon, MaryAnne Armstrong, partner with BSKB law firm,
explained many intellectual property considerations that
entrepreneurs should be aware of when performing research
under government grants. The luncheon was organized by the
Virginia Biosciences Development Center and sponsored by
BSKB.
About VBDC
The VBDC, located at the Virginia BioTechnology Research
Park, provides business assistance to start-up companies
located in the Park’s incubator facility. In less
than three years, the VBDC has emerged as a major contributor
to the growth of early stage life science technology businesses
in the Richmond area. VBDC staff have counseled more than
23 start-ups and helped to launch eight of them. Since
its inception, VBDC has secured cash and/or in-kind commitments,
grants and contracts exceeding $750,000 for the benefit
of growing the life sciences industry in the region.
Contact:
Nicky Colomb
Virginia BioTechnology Research Park
Phone: (804) 828-6884
E-mail: ncolomb@vabiotech.com
Web site: http://www.vabiotech.com
|
