Tuesday April 2, 2013 0 commentsBOULDER - Xuedong Liu, a professor of chemistry and biochemistry at CU-Boulder, was named "Inventor of the Year" at the University of Colorado's annual Entrepreneurship Under the Microscope event on April 1.
Liu is working to create novel, less-toxic kinase inhibitor drugs to treat cancer and has founded two companies based on his inventions. The most recent is OnKure, which is commercializing a new cancer therapy developed by Liu and his colleagues.
Liu's award was one of five given by the University of Colorado Technology Transfer Office to university researchers and companies that represent the best practices in commercialization of university technologies.
Also honored Monday night were:
- Moncef Krarti, a professor of civil, environmental and architectural engineering who is collaborating with CU Cleantech and TTO to commercialize building assessment technology through a Boulder company, named "New Inventor of the Year."
- Douglas Seals, a professor of integrative physiology, who is exploring research into dietary supplements that could enhance heart health and who is working with TTO to optimize the IP and Innovation Center of the Rockies to optimize the commercial opportunity, also named "New Inventor of the Year."
- LineRate Systems, a Louisville-based company developing technologies around software-defined networking, a computer approach that allows network behavior to be governed by high-level software programming, named "Company of the Year."
- Tom Cathey, professor emeritus in Electrical, Computer and Energy Engineering, inducted into the Pinnacles of Inventorship, an all-star group recognizing continuous commitment to best practices in technology transfer.
In the last 20 years, inventions by researchers at CU's four campuses have led to the formation of 124 new companies. Of these, 88 have operations in Colorado, seven have "gone public" - becoming publicly traded companies either through an IPO or a reverse merger - and 18 have been acquired by public companies.
In total, companies based on CU technology have attracted more than $6.1 billion in financing.
"This year's award winners represent groundbreaking research from different corners of CU-Boulder," said Kate Tallman, senior director of technology transfer.
"What these inventors have in common is an ability to work effectively with the local business community to explore and realize the commercial value of their research findings."
Entrepreneurship Under the Microscope is a celebration of campus entrepreneurship co-hosted with CU-Boulder's Deming Center for Entrepreneurship.
Awards to CU researchers, startups and advisors at other CU campuses will be presented at separate campus events later in April and May.
For more information, visit www.cu.edu/techtransfer.