The University of Sheffield
Formed in 1897, The University of Sheffield is one of the UK’s leading universities, and excels in scientific and technological research and development. It is recognised as the UK’s 5th university for quality of life sciences research.
In 2005, Fusion IP signed a 10-year agreement with the University of Sheffield for the exclusive rights to commercialise all of their university-owned medical IP, through either licensing or the creation of spin-out companies.
In July 2008, Fusion signed a new expanded agreement with the University of Sheffield to add all university owned physical sciences IP to the original agreement, such that Fusion had the rights over all of the University of Sheffield’s IP, through either licensing or the creation of spin-out companies. This new expanded agreement gives Fusion the exclusive rights to all physical sciences IP until 2018, in addition to the exclusive medical IP rights, which currently run to 2015.
Formed in 1883, Cardiff University is recognised in independent government assessments as one of Britain’s leading teaching and research universities, with over 5,000 staff and 22,000 students.
A member of the exclusive Russell Group of research-led universities, the Sunday Times 2013 University Guide described it as a powerhouse of academic and research excellence, that boasts one of the best graduate employment rates in Britain.
In January 2007, Fusion completed a ten year exclusive agreement with Cardiff University, giving it the right to commercialise (through the creation of spin-out companies) Cardiff University’s research-generated IP.
The University of Nottingham
The University of Nottingham has over 40,000 students on its three campuses in the UK, Malaysia and China and as a member of the Russell Group is recognised as one of the UK’s leading research intensive universities.
In 2012 it generated over £100m in research grants and after the most recent Research Assessment Exercise (RAE) results in 2008, it was ranked 7th in the UK for its research excellence, according to the research power rankings produced by Research Fortnight.
In 2008 the University of Nottingham was named Entrepreneurial University of the Year.
In 2013 Fusion IP entered into a MOU Agreement with the University of Nottingham. The MOU, which has an initial term of 5 years, gives Fusion IP the right to receive 10% of a Fusion start-up company on incorporation and the first right to invest 50% of the first funding, at a pre-money value of £500,000.
Established in 1920, Swansea University is a research led university, that following the latest RAE, 85% of its staff submitted for assessment were classified as producing research of an international quality or above and almost 50% as “world-class” or “internationally excellent”. It has a number of excellent research departments and its newly built, Institute of Life Sciences, is one of the premier research facilities in Wales and the largest university campus investment by the Welsh Government.
In 2013 Fusion IP entered into a MOU Agreement with Swansea University. The MOU, which has an initial term of 5 years, gives Fusion IP the right to receive 10% of a Fusion start-up company on incorporation and the first right to invest 50% of the first funding, at a pre-money value of £500,000.