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Morgan State tech-transfer bill passes Senate
Morgan State tech-transfer bill passes Senate
Listen to this articleA bill to provide Morgan State University with $3 million over three years to help bring university research projects to the marketplace was approved by the Maryland Senate by a 37-8 vote Wednesday.
The bill arose after discussion of a separate proposal to enhance a partnership between the University of Maryland, Baltimore and the University of Maryland, College Park, in part by allocating $4 million per year to support commercialization of research at those institutions.
As Baltimore’s only comprehensive public research university, Morgan State school shouldn’t be overlooked, university President David Wilson said. The additional funds will allow the university to hire more staff for its Office of Technology Transfer, increase the budget for its patenting efforts and provide incentives for faculty and students to commercialize their ideas, he said.
Morgan State received its first full patent, for a protein crystallization process that may assist Alzheimer’s treatments, earlier this year.
The bill, introduced by Sen. Nathaniel McFadden, D-Baltimore City, requires the governor to allocate $1 million per year to the university from fiscal 2018 to fiscal 2011.
