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UC Riverside

Campus Notes:

  Income increased sharply in FY96 due to the commercialization of Phosphorus Plant Fertilizer, which generated $228,000 during FY96. Earnings from this invention represented 90% of utility income and 40% of total FY96 income. Plant varieties, which represent one-fourth of active inventions, account for more than half of FY96 total income.

  The number of new inventions reported by UCR researchers decreased in FY96. Patent activity and expenses remained stable from FY95 to FY96. Operating expenses decreased because licensing professionals spent a smaller portion of their time managing the Riverside invention portfolio.

  The $50,000 decrease in inventor share payments form FY95 to FY96 resulted from a $97,000 decrease in income from FY94 to FY95. The $51,000 increase in the State share assessment reflected the FY96 increase in income as well as the decreased inventor share payments.

  A combination of all the above factors resulted in the campus moving from a net loss position in FY95 to a net profit position in FY96.

PORTFOLIO ACTIVITY


FY95 FY96
INVENTION
Inventions Reported
Total Active Cases

PATENT ACTIVITY
US Patent Applications Filed
   First Filings
   Secondary Filings
      Total

US Patents Issued
Total Active US Patents at FYE

LICENSING
Secrecy Agreements Issued
Letter/Option Agreements Issued
License Agreements Issued
Total Active Licenses at FYE
   Utility
   Plant


20
82



10
   1
11

3
33


39
2
7

5
123

15
90



8
  3
11

2
35


31
3
6

7
108
FINANCIAL ACTIVITY
(Thousands)
FY95 FY96
Adjusted Gross Income
Less: Expenses/Distributions
   Net Legal Expenses
   Inventor Shares
   State Share
   Operating Expenses
Campus Net Income

Inventions Earning Income
# of Inventors Paid Shares

$402

146
211
11
  160
$(126)

22
19
$557

146
161
62
  133
$55

20
22

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