Message from the Managing Director

OTD celebrated its 5th year of the Kindle Mentoring program, the Tech, Drugs and Rock ‘n Roll event and the Innovator of the Year award. In the past five years, OTD has generated record royalty licensing income. OTD has launched several venture-backed startups based on faculty research and inventions. Many of these were first gap-funded at BU and then went on to attract stellar management and private capital. Our unprecedented performance is directly attributed to the groundbreaking research undertaken by our faculty and the dedicated staff of OTD. Our goal over the next five years is to create a sustainable royalty licensing base, hopefully as the new ventures that we have launched bring their products to market.

We established an OTD External Advisory Board that met for the first time in February 2014 and will meet twice annually. The EAB is comprised of a combination of VC/investors, academic entrepreneur and CEO. The following figure shows the new OTD EAB:

advisory board pics

We have had little turnover in staff but in the competitive Boston ecosystem, a few of our people are moving on to: another technology transfer group (Jon Jensen to Partners RVL), a venture capital firm (April Effort to Third Rock Ventures) and leaving to do a startup (Renuka Babu). Ana Lopes has joined us to lead Physical Sciences BD (besides industry experience she was with MIT TLO). We are looking for a life sciences BD lead and a New Ventures leader. Please reach out to me if you are aware of suitable candidates.

One Comment

Nayan Warrior posted on July 11, 2023 at 12:42 pm

Never forget to vote.

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