MRC (Medical Research Council) creates new technology transfer firm:
This article was originally published in Clinica
Executive Summary
The UK Medical Research Council (MRC) has established a new company, Medical Research Council Technology, to manage its technology transfer activities. The company, which has a charitable status, will aim to co-ordinate these activities and provide a more coherent and aggressive approach to commercialise research. The MRC is the UK's main source of public funds for biomedical research and is expecting to earn £6 million this year from the commercial exploitation of its research.