Royalties from Licenses
RF Financial Concepts 101
Understanding the Business of the RF
Module 1: Understanding RF Sources of Income
Funds Generated From Intellectual Property (IP) Commercialization
The RF provides innovation support services to the SUNY research community. These services help move technology and invention to the marketplace for public benefit.
Executing a license for a new technology or discovery is a key milestone in the intellectual property commercialization process and eventually yields one of the four primary sources of RF funds - royalty income.
What the Data Shows
Licensing of Inventions Drives Royalty Income
An example of an invention that yields royalty income is XIAFLEX®, the first non-surgical treatment of Dupuytren’s disease developed by researchers at Stony Brook University.
Following FDA approval in 2010, the drug has been administered to more than 40,000 patients in the United States and 46 Eurasian countries. It is approved in Canada and under review or to be submitted for review in other countries such as Japan, Australia, Mexico and Brazil.
Where to Find More Information
Please refer to the 2016 Operating Plan.