Campus Highlights: UC Riverside
- Inventions disclosed by UCR investigators increased by one-third in
FY97. This was not yet reflected in new patent filings, which decreased
slightly. The execution of several new plant licenses was largely responsible
for the 50% increase in licensing activity.
- Nearly 40% of total income in FY97 was generated by Phosphorus Plant
Fertilizer, which earned $210,000. Plant varieties currently represent
one-fifth of active inventions but more than half of total income. The
two top earning plant inventions in FY97 were Oroblanco Grapefruit ($110,000)
and El Toro Zoysiagrass ($78,000).
- Net legal expenses grew due to increased expenditures for foreign filing
activity and a lag in licensee reimbursements for some of these expenses.
In addition, litigation expenses were incurred for a recently declared
patent interference related to the BT Insecticides invention.
- The $70,000 increased in inventor share payments from FY96 to FY97
reflected a $156,000 increase in income from FY95 to FY96. The $41,000
decrease in the State share assessment was attributable to the fact that
income decreased and both net direct expenses and inventor share payments
- A combination of all the above factors resulted in the campus moving
from a net income position in FY96 to a net loss position in FY97.
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