uSask licensing revenue tops $9 million

July 31, 2012

The University of Saskatchewan's Industry Liaison Office licensing revenue rose to $7.2 million in 2011-12, a 27% jump over last year's $5.7 million. Licensing revenue from all sources at uSask rose to just over $9 million, a 25% increase over last year's $7.2 million. The ILO was launched in 2004 to accelerate the commercialization of uSask research and knowledge. Since then, ILO's licensing revenue has grown over 19 fold. About half of the ILO's licensing revenues have been returned to the researchers who developed the technologies. uSask News Release