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Caption: Board of Trustees Minutes - 1958
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1957] UNIVERSITY OF ILLINOIS I057 accomplish. Professor Halvorson has stated that if a patent can be obtained on this procedure, it would have little if any commercial value and that he does not recommend that any expenditures be made in order to develop it. The Patent Committee concurs in this recommendation and recommends the release of this invention to the Office of Naval Research, the sponsoring agency under which it was developed. 3. Perspiration inhibitor using malonate salts — Dr. Adolph Rostenberg, Jr., Professor and H e a d of the Department of Dermatology, inventor. At its meeting on July 16, 1957, the Board of Trustees approved the transfer of the University's interest in this invention to the University of Illinois Foundation, with the understanding that an application for a patent be filed and other development work carried on. It now appears that this invention has definite commercial possibilities; and accordingly, income may become available in the near future for distribution. In accordance with University policy on inventions resulting from the use of University facilities or resources, the Patent Committee recommends to the Board of Trustees proposed distribution of net income from patents obtained by the University or the Foundation. After discussing this with Dr. Rostenberg and officials of the Chicago Professional Colleges, the Patent Committee recommends that there be paid to Dr. Rostenberg fifteen per cent of the net income received on the above described invention. I concur in these recommendations. O n m o t i o n of M r . B i s s e l l , t h e s e r e c o m m e n d a t i o n s w e r e a p p r o v e d . O n m o t i o n of M r . Bissell, t h e B o a r d a d j o u r n e d . A. J . JANATA PARK LIVINGSTON Secretary President
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