Case Studies

Technology transfer saves lives and generates research revenue

Academic medicine is responsible for thousands of life-saving medical discoveries—many of which are huge commercial successes.

Researchers at the University of Rochester Medical Center in New York, for example, developed the childhood Haemophilus influenzae type b (Hib) vaccine, the first approved for infants since the polio vaccine. Not only has the vaccine reduced the incidence of bacterial meningitis by an estimated 90 percent, it has generated royalty incomes in excess of $43 million, half of which has been reinvested in the University.

New Campus in Phoenix is a new boost for local economy

In August 2004, the Arizona Board of Regents approved an agreement to expand the University of Arizona College of Medicine in Phoenix in partnership with Arizona State University—locating a campus on 13 acres in downtown Phoenix. According to a report by a healthcare consulting group, once complete the Phoenix Biomedical Campus will generate $2.5 billion in annual economic activity.