MedilinkUK and MEDEC partner with UTEK to increase licensing and
partnering opportunities
9 March 2010
Intellectual property licensing and innovation services
company UTEK Corporation (NYSE Amex: UTK), is partnering with MEDEC and
MedilinkUK and its online licensing marketplaces, Pharmalicensing and
Medical Device Licensing.
Through this partnership, hundreds of new companies can take
advantage of UTEK's growing network of registered companies and
industry professionals, all looking to identify licensing and
partnering opportunities worldwide.
MEDEC is the national association for the Canadian medical
technology industry, and MedilinkUK is the leading network of
regionally-based organizations working to grow the economic impact
of UK Life Sciences. The partnerships will bring UTEK to large
clusters of critical life sciences organizations in Canada and the
UK. MEDEC and MedilinkUK will be able to bring their membership
increased IP license exposure and access with minimized risk and
cost preferences through UTEK’s Medical Device Licensing online
marketplace.
UTEK’s Medical Device Licensing is a key element in the business
development tool-box of innovation-hungry life science companies.
Clients range from the global multinational companies seeking to
identify the latest blockbuster products, right through to small
locally operated organizations looking to bring innovative IP to a
global audience.
“Our group’s focus has been on ensuring access to proven, safe
technology and innovative medical technology developed by our member
companies. Our relationship with UTEK’s Medical Device Licensing
helps us do that and more. With potential efficiencies for our
members, Medical Device Licensing provides global resource access
and exposure that could help them grow beyond their current means,”
confirms Stephen Dibert, President and CEO of MEDEC.
“We are excited to strike such a partnership with UTEK. Via
UTEK’s Medical Device Licensing, we are able to offer our members
convenient and valuable exposure to its 190,000 visitors each month
as well as to its robust bank of available IP,” states Sue Wilde on
behalf of MedilinkUK. “Our goal is to proactively lead member
companies to commercial opportunities in the medical market. This
new member service will undoubtedly further their partnering and
licensing efforts.”
“These partnerships and our recent alliance with Patents.com
means we can bring even more opportunities to MEDEC, MedilinkUK
members and our clients in their search for partners to develop and
commercialize their IP,” said Mark McBride, Managing Director of
UTEK Pharmalicensing. “These agreements further our aim to increase
well-targeted traffic to drive market efficiencies, help our clients
realize more value from their IP portfolios, and ultimately foster
innovation around the world.”