Fox Chase Cancer Center - Industry Collaboration in Cancer Research, Philadelphia USA

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[ Visit Site ] Fox Chase Cancer Center in Philadelphia is one of the nation's first comprehensive cancer centers. Fox Chase conducts basic and clinical research; programs of prevention, detection and treatment of cancer; and community outreach. Opportunities for collaboration between Fox Chase and industry occur in these areas:

Industry Partnering:
Industrial collaborations with researchers at Fox Chase provide a myriad of benefits for both partners. Technology licensing fulfills our obligation to make scientific discoveries available for the public good while generating income for our research, educational, and cancer treatment programs. A company gains the opportunity to interact with Fox Chase's world class scientists and clinicians while reducing its internal costs of research and development. Fox Chase offers several avenues for collaborating with industrial partners to develop our technologies. For further information, or to pursue a dialog about partnering with Fox Chase, please contact either Pat Weeks or Frances Galvin.

Sponsored Research:
These are grants or contracts from a company that sponsors research at Fox Chase. These can be for specific projects in one laboratory (e.g. to investigate the role of a gene in cell growth), or for multi-disciplinary endeavors such as genomics and bioinformatics. Sponsored research represents a commitment by both parties to promote investigations in a particular area, and often result in proprietary positions.

Technology Licensing:
Licenses granting a company the right to "make, use, and sell" products in a particular field based on the licensed technology. Equitable terms are negotiated between the company and Office of Business Development which ensure that a given technology is aggressively developed into a product that benefits the public. At the same time, the financial rewards reaped by the Center are used to promote further research and education. The company benefits by reducing its R&D costs, ameliorating the risk associated with R&D, and gaining the exclusivity needed to bring a product to market and make a profit.

Commercial Evaluation/Option Agreements:
In some instances, a technology may be so embryonic that a company may wish to evaluate the commercial feasibility for a period of time. We can provide that opportunity under an option agreement that allows the company to assess the commercial potential and decide whether they want to license the technology.

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