UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1986 [PAGE 517]

Caption: Board of Trustees Minutes - 1986
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506

BOARD OF TRUSTEES

[March 13

2. The equity interest of Wisconsin and Illinois in this invention is estimated a t about 75 percent for Wisconsin and 25 percent for Illinois. WARF proposes that it continue with the necessary efforts to obtain patent protection and to license the invention with expenses to be shared 25 percent by Illinois and 75 percent by WARF. 3. In conformity with that sharing, WARF will share 25 percent of any income or fees received from licensing the invention with Illinois. 4. University Patents, Inc., has elected to subject this invention to its servicing agreement with the University, and thus will be responsible for 25 percent of the patent-related expenses to be paid by the University, in return for its normal share of resulting royalty income. To proceed in this way, the University must assign its ownership interest in this invention to WARF. Under Article I I , Section 8(d) of the General Rules Concerning University Organization and Procedure, approval by the Board of Trustees is necessary to implement this proposal. T h e inventor, the department head, and the vice chancellor for research agree that the terms described are acceptable in the present case and have recommended that the assignment be approved. The University Patent Committee has rcommended approval. I concur.

On motion of Mrs. Day, this recommendation was approved.

Recommendations of the University Patent Committee

(14) The University Patent Committee has recommended that the actions described below be taken with regard to inventions made at the University of Illinois. Background information has been sent to the Committee on Patents of the Board of Trustees. 1. Polarization Compensating and Preserving Mirror Arrangement-—Alexander Scheeline, assistant professor of chemistry, and Mark A. Lovik, graduate research assistant, School of Chemical Sciences, Urbana, inventors; developed with support of the National Science Foundation. University Patents, Inc., reported that it does not elect to subject this invention to its servicing agreement with the University. U P I has determined that while some limited patent claims might be available, it is unlikely that a licensee could ever be found for such a patent because there is substantial "prior art." The University Patent Committee has reviewed these findings and recommends that the University release its rights in this invention to the sponsor of the research, the National Science Foundation, in accordance with the provisions of Public Law 96-517. 2. A Novel Method to Increase the Oral Absorption and Diuretic Effect of Furosemide — Win L. Chiou, professor, Myung G. Lee, research associate, MeiLing Chen, former research associate, and T u n Li, former visiting scholar, Department of Pharmacodynamics, Chicago, inventors. University Patents, Inc., initially elected to subject this invention to its servicing agreement with the University in 1984 because there appeared to be sufficent commercial interest to warrant patent protection. However, U P I subsequently reversed its decision in 1985, after the interest failed to materialize. Subsequent to the release from U P I , the invention was disclosed by the University to a commercial concern, but the reaction was negative. The University Patent Committee recommends that the University release its rights in this invention to the inventors, subject to the retention of shop rights by the University. 3. Low-Contrast Detectability Phantom for Evaluation of Computed Tomography CT Scanners — Robert J. Kriz, assistant professor of radiology, and Ruben