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Technology Transfer from the University of Oxford - Isis Innovation

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<strong>Technology</strong> <strong>Transfer</strong> <strong>from</strong><strong>the</strong> <strong>University</strong> <strong>of</strong> <strong>Oxford</strong>


<strong>Isis</strong> <strong>Innovation</strong> LtdA company 100% owned by <strong>the</strong> <strong>University</strong> <strong>of</strong> <strong>Oxford</strong><strong>Oxford</strong> <strong>Technology</strong> <strong>Transfer</strong>IP, Patents, Licences, Spin-outs, MaterialSales, Seed Funds,<strong>Isis</strong> Angels Network<strong>Oxford</strong> ExpertiseConsulting, Services<strong>Isis</strong> Consulting Business<strong>Technology</strong> <strong>Transfer</strong> and <strong>Innovation</strong>Managementisis-innovation.com


<strong>Oxford</strong> <strong>University</strong> & <strong>Isis</strong> <strong>Innovation</strong> Ltd• <strong>Oxford</strong> <strong>University</strong> is <strong>the</strong> oldest university in <strong>the</strong> Englishspeakingworld (founded c.1188), and a leader in learning,teaching and research• Today - Most Powerful UK Research <strong>University</strong>• Research Fortnight, December 2008 Research Assessment Exercise• Highest <strong>University</strong> Research Spend in UK• £389 million (2007/2008)• <strong>Isis</strong> <strong>Innovation</strong> Ltd is a company 100% owned by <strong>the</strong><strong>University</strong> <strong>of</strong> <strong>Oxford</strong>, established in 1987• <strong>Isis</strong> helps researchers who wish to commercialise <strong>the</strong>results <strong>of</strong> <strong>the</strong>ir research• A world-class <strong>Technology</strong> <strong>Innovation</strong> business• <strong>Isis</strong> 5 th highest British PCT patent applicant• WIPO Data, 2002-2008 composite; behind Unilever, GSK, BT, QinetiqChrist Church, <strong>Oxford</strong>Ewert House, <strong>Oxford</strong>isis-innovation.com


<strong>Oxford</strong> Research Funding 2007-2008 £389 million• Highest <strong>University</strong> Research Spend in UK• 4,400 researchers and 8,000 postgraduate students• R & D Spend by UK Companies, <strong>Oxford</strong> would be ranked 9th 2009 EU Industrial R&D Investment Scoreboard• Most Powerful UK Research <strong>University</strong> - 2008 Research Assessment Exercise Research FortnightUK Charity £95mUK Govt/NHS£27m<strong>University</strong> Divisions:Research Councils£96mEU Govt £15mMedical Sciences £177mMa<strong>the</strong>matical,Physical £73m& Life SciencesTotal £285m+ HEFCE £104mOverseasPublic/Charity& O<strong>the</strong>r£21mIndustry(UK & Overseas)£32mSocial Sciences £127mHumanities £6mO<strong>the</strong>r £2mTotal £285misis-innovation.com


<strong>University</strong> <strong>of</strong> <strong>Oxford</strong>: Research ThemesMedical SciencesMaths, Physical &Life SciencesSocial SciencesHumanitiesCancerChemistry forBiomedicineGlobal GovernanceWorld ReligionInfectious Diseases,Immunology, PathogensComputational BiologyGlobal Public HealthIssuesApplied EthicsDiabetes, Endocrinology,MetabolismClimate Prediction,Science <strong>of</strong> Energy &EnvironmentEnergy: Policy andSocietyPost-Colonial LiteratureCardiovascular DiseaseBiomedical EngineeringEnvironment andBusinessLatin America: Culture,Language and LiteratureGenomicsE-SciencePolitics & InternationalRelationsOriental Studies: Korea,Japan, India, Middle EastMusculo-skeletal Science(joint & bone)Bio-NanotechnologyArea Studies: China,South Asia, IndiaModern Chinese & SouthAsian StudiesNeuroscienceQuantative FinanceEvolutionary & CognitiveAnthropologyPhilosophy <strong>of</strong> CognitiveScience & NeuroscienceReproduction & DevelopmentQuantum InformationProcessingPoverty & RefugeeStudiesEthnomusicologyStem Cell BiologyUniverse & <strong>the</strong> DarkSectorInternet & SocietyScience and Religionisis-innovation.com


Resources to Support CommercialisationFour Academic DivisionsMedical SciencesDivisionBiochemistryPhysiological SciencesPsychologyDunn School <strong>of</strong> PathologyPharmacologyPhysiology, Anatomy and GeneticsAnaes<strong>the</strong>ticsCardiovascular MedicineClinical Laboratory SciencesClinical MedicineClinical NeurologyClinical PharmacologyHuman GeneticsMedical OncologyMolecular MedicineObstetrics and GynaecologyOphthalmologyOrthopaedic SurgeryPaediatricsPsychiatryPublic Health andPrimary Health CareRadiation Oncology and BiologySurgeryMaths, Physical & LifeSciences DivisionChemistryComputer ScienceEarth SciencesEngineering ScienceMaterialsMa<strong>the</strong>maticsPhysicsPlant SciencesStatisticsZoologyUNIVERSITY COUNCILIntellectual Property Advisory GroupAdministrationRegionalLiaisonHumanitiesDivisionChinese StudiesClassicsComparative PhilologyRuskin School <strong>of</strong> Drawing EnglishLanguage & LiteratureHistoryMedieval & Modern LanguagesModern Middle Eastern StudiesMusicOriental StudiesPhilosophyTheologySocial SciencesDivisionAnthropologyArchaeologyArea StudiesDevelopment StudiesEconomicsEducational StudiesEnvironmentInternet InstituteLawSaïd Business SchoolPoliticsSocial Policy and Social WorkSociologyBegbroke Science ParkResearch Services<strong>Isis</strong> <strong>Innovation</strong> LimitedCentre for Entrepreneurship &<strong>Innovation</strong>isis-innovation.com


<strong>Isis</strong> Return on Investment to <strong>the</strong> <strong>University</strong>• <strong>University</strong> Investment in <strong>Isis</strong> for Patenting• Financial Returns• Distributions back to <strong>University</strong>• Research Funding <strong>from</strong> spin-outs to <strong>University</strong>• Research Funding <strong>from</strong> Translation Awards to <strong>University</strong>• Hefce Third Stream Government Funding• Spin-outs Cash• Spin-outs Value• <strong>Oxford</strong> <strong>University</strong> Challenge Seed Fund• New Patents• Strategic IP Deals eg: Chemistry, IBME• O<strong>the</strong>r, non-financial, benefits to <strong>the</strong> <strong>University</strong>• <strong>Transfer</strong>ring technologies to improve lives• Promoting good news stories <strong>from</strong> <strong>University</strong>• <strong>University</strong> staff recruitment & retention• Managing <strong>Oxford</strong> <strong>Innovation</strong> Societyisis-innovation.com


<strong>Isis</strong> Impacts• The impact <strong>of</strong> <strong>Isis</strong> activities is seen through <strong>the</strong> take-up <strong>of</strong> newtechnologies and ideas that form <strong>the</strong> basis for new products and services.isis-innovation.com


<strong>Isis</strong> <strong>Innovation</strong> StaffAdministration (11)Managing DirectorTom HockadayBusiness SupportAccountsGemma AllnuttMarketingDr Fiona StoryRenate KrelleJen SheffieldLegalParesh JasaniCentral AdministrationOffice ManagerJenny BaileySystems AdministratorNelson SaHR AssistantAlex AllanFacilitiesJane TarryReceptionIsabel Lavis<strong>Technology</strong> <strong>Transfer</strong>Group (29)Head <strong>of</strong> GroupProject Manager TeamsEvert GeurtsenDr Jamie FergusonDr Rakesh RoshanDr Mike GilbertBrendan SpillaneDr Colin StoryDr Dina ChenDr Angela OldacresDr David PhillipsDr Brijesh RoyAndy SelfDr Weng Sie WongSeed InvestmentManagerAndrea AlunniLinda NaylorProject Manager TeamsDr Carolyn PorterDr Mairi GibbsChim ChuDr David ChurchmanDr Emma SceatsDr Stuart WilkinsonDr Adam StotenDr Sarah DeakinDr Christine WhyteDr John WilsonDr Cynthia GreenDr Ruth BarrettPatent & Licence AdminManagerSteven BaylissPost-Deal AdminRidi FaruquePatent AdministratorLaura WilkinsStaff: 58 PhD’s: 28 MBA’s: 15<strong>Oxford</strong> <strong>University</strong>Consulting (6)Head <strong>of</strong> GroupSteve LeeProject ManagersSusan ClarkAndrew G<strong>of</strong>fDr Fatima KrancGurinder PunnAdministratorKerry Antcliffe<strong>Isis</strong> Enterprise (12)Head <strong>of</strong> GroupDr David BaghurstConsultantsElena AndonovaDr Sam GallagherJames LyeDr Sarah MacnaughtonChris MoodyTerry PollardRobert SwerdlowDr Roger WelchDr Paul WhyteDr Suzy WoodAdministratorEmily Shirtcliffisis-innovation.com


<strong>Isis</strong> Acting <strong>Innovation</strong> as Multi-dimensional Staff IntermediariesInvestor axis£ -> £££3D – Spin-outAcademic axis£ -> ResearchCommercial axisResearch -> £2D – Licence, Consultingisis-innovation.com


Intermediaries - InternationalIntermediaries – 4 th Dimensionisis-innovation.com


Intellectual Property Policy (<strong>from</strong> October 2000)• <strong>University</strong> claims ownership <strong>of</strong> all employees’ and students’ IP rightsresulting <strong>from</strong> <strong>University</strong> research activities• The <strong>University</strong> assists those researchers who wish to commercialise <strong>the</strong>irresearch• by patenting, licences, spinout companies & consultancy• Researchers share <strong>the</strong> benefits• Royalty shares <strong>from</strong> licences• Equity in spinout companies• Income <strong>from</strong> personal consultancyisis-innovation.com


<strong>Transfer</strong> <strong>of</strong> Intellectual PropertyInside <strong>the</strong> <strong>University</strong>Assignment <strong>of</strong> intellectualproperty rightsOutside <strong>the</strong> <strong>University</strong>Researchfunding sourceRoute to marketGovernmentCharitiesIndustryResearch Services& IP RightsManagement Team56 Staff85% Graduates33% Post grad degrees<strong>Isis</strong> <strong>Innovation</strong>56 staff75% Graduates50% Science doctoratesSpin-outsConsultingLicencesisis-innovation.com


<strong>Isis</strong> <strong>Innovation</strong> 2000 - 2009Year Ending Mar: 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009<strong>University</strong>Investment £m£1m £1m £1m £1m £1m £1.2m £1.2m £1.2m £1.2m £2.5mStaff 17 21 23 34 36 36 36 37 44 54Open Projects 319 415 476 629 725 764 784 841 978 1112Patents filed(pa)Licence Deals(pa)Consultancy(pa)55 63 82 65 52 55 57 49 68 6421 36 42 37 31 38 45 50 74 6934 50 48 59 89 102 151Spin-outs (pa) 6 8 8 7 3 4 6 7 4 4Annual T/O £ £0.9m 1.2m 1.7m 2.0m 2.3m 2.7m 2.9m 3.6m 4.8m 5.6misis-innovation.com


<strong>Technology</strong> & Expertise• <strong>Innovation</strong>• Connecting Universities & Business• Convergence <strong>of</strong> <strong>University</strong> Push & Open <strong>Innovation</strong> Pull• What <strong>Isis</strong> does and why it is relevant to business:• Nature <strong>of</strong> business and current requirements• New Technologies• Supply <strong>of</strong> Research Materials• Investment Opportunities• CEO/NED opportunities• Expertise – <strong>Oxford</strong>’s academics, researchers• Expertise – TT & <strong>Innovation</strong> managementisis-innovation.com


<strong>Technology</strong> Licensing• Licensing out <strong>of</strong> <strong>University</strong> <strong>of</strong> <strong>Oxford</strong> Intellectual Property Rights• <strong>Isis</strong> currently manages 1,320 Patents & Patent Applications; and 330 active licensing deals• Technologies marketed to <strong>Oxford</strong> <strong>Innovation</strong> Society Members and <strong>the</strong>n o<strong>the</strong>r companies• Licence partners selected on• Resources and intent to develop technology to market• In healthcare, awareness <strong>of</strong> access <strong>of</strong> final products to developing countries• Exclusive & Non-exclusive, Geographical Territory and <strong>Technology</strong> Field controls• Fees, milestones, running royalties appropriate to technology and marketplace• Royalties• Patent budget £2.5m per annum & royalties• <strong>Isis</strong> pays patent costs & recovers <strong>the</strong>se <strong>from</strong> royaltiesTotal net Researchers <strong>University</strong> Department <strong>Isis</strong>revenue personally General Fund Funds <strong>Innovation</strong>to £72k 61% 9%* 0% 30%to £720k 31.5% 21% 17.5% 30%over £720k 15.75% 28% 26.25% 30%* pays National Insuranceemployment taxisis-innovation.com


<strong>Oxford</strong> Spin-outs (pre 2000)1959 <strong>Oxford</strong> Instruments *1977 <strong>Oxford</strong> Lasers1988 <strong>Oxford</strong> Glycosciences *1989 <strong>Oxford</strong> Molecular *1992 <strong>Oxford</strong> Asymmetry *1994 PowderJect *1995 <strong>Oxford</strong> Gene <strong>Technology</strong>1996 <strong>Oxford</strong> Biomedica *1997 Oxagen1998 5 Opsys, Synaptica, Prolysis, Celoxica *, Sense Therapeutic1999 6Medigene(Avidex) *, Oxxon Pharmaccines, Dash, Oxonica *, AuC Sensing,OMIA*Stock Exchange Listingisis-innovation.com


<strong>Oxford</strong> Spin-outs (post 2000)2000 72001 72002 9Third Phase, Mindweavers, <strong>Oxford</strong> BioSignals, <strong>Oxford</strong> BioSensors, TolerRx,OXIVA, Pharma DMOxLoc, <strong>Oxford</strong> Bee Co, <strong>Oxford</strong> Ancestors, Novarc, <strong>Oxford</strong> ArchDigital, NaturalMotion, InhiboxPharminox, Minervation, Spinox, Zyentia, Oxitec, <strong>Oxford</strong> Immunotec, ORRA,GlycoForm, BioAnalab2003 4 VASTOx *, ReOx, Riotech, OCSI2004 4 Avacta(OMD) *, G-Nostics, Surface Therapeutics, EKB <strong>Technology</strong>2005 52006 7<strong>Oxford</strong> Nanolabs, <strong>Oxford</strong> RF Sensors, Oxbridge Pulsars, Celleron, <strong>Oxford</strong>Catalysts *TDeltaS, <strong>Oxford</strong> Medistress, Particle Therapeutic, Aurox, <strong>Oxford</strong> AdvancedSurfaces *, Cytox, OxTox2007 4 Eykona Technologies, Clinox, <strong>Oxford</strong> Biodynamics, Crysalin2008 4 Semmle, <strong>Oxford</strong>-Emergent TB Consortium, ISE, Organox2009 [3] <strong>Oxford</strong> Financial Computing, Zyoxel, <strong>Oxford</strong> Yasa MotorsTotal external investment to date in spin-outs Post 1997: £337m£37m Seed/Business Angels &£300m Venture/Institution Capital * stock exchange listingisis-innovation.com


Spin-out Strategy<strong>University</strong>Research GroupHeadNew CompanyNew ManagingDirectortechnologyinterchangeSenior ScientistmovesResearch DirectorSupportScientistsFinance & AdminSales & MarketingProductionScientistsisis-innovation.com


Spin-outs – The PlayersFounderResearchersShareholder, Director,Consultant<strong>Isis</strong> ProjectManagerInvestor (1)Investor (2) ?INVE<strong>Isis</strong> - licence,OSEM – <strong>University</strong>shareholding, directorShareholder, DirectorShareholdersManager (1)Manager (2)?STCEO, ShareholderLawyersMELawyersAccountantsBankersNTAccountantsBankersAdvisersTimeisis-innovation.com


Investment Sources<strong>Oxford</strong> <strong>University</strong> Challenge Seed Fund• Launched with £4m in 1999• <strong>University</strong> provided £1m; and HM Treasury, Wellcome, Gatsby £3m• Total <strong>of</strong> £5.7m invested in 102 projects – development, seed equity• Resulting in Equity stakes in 31 spin-outs, 4 completed licensing deals & 33 activetechnology projects• These 31 spin-outs have attracted £80m seed/venture investment<strong>Isis</strong> Angels Network• Business Angels• Seed/Venture Capital• Private Equity• 100 members• Events• No Chargesisis-innovation.com


<strong>Oxford</strong> Spin-out Equity Management• Formed in August 2008• To manage <strong>the</strong> <strong>University</strong>’s interests in its spin-out companies• Two executives• Director – Dr Chris Towler• Portfolio Manager – James Mallinson• Mission: “To add value to <strong>Oxford</strong> <strong>University</strong>’s stakes in its spin-outs”• Modus Operandi• Working closely with <strong>Isis</strong> <strong>Innovation</strong>• Maintaining relationships with <strong>the</strong> companies and <strong>the</strong>ir Boards• Understanding <strong>the</strong>ir business models, aspirations and challenges• Creating transparent processes by which <strong>University</strong> can effect its aims• Implementing chosen course <strong>of</strong> action• Reporting to <strong>University</strong> (balanced analysis <strong>of</strong> upsides and downsides)• Shareholding Returns to <strong>University</strong>:• <strong>University</strong> 50%, Departments 25%, Research Fund 10%, <strong>Isis</strong> 15%isis-innovation.com


<strong>Oxford</strong> <strong>University</strong> ConsultingThe consulting arm <strong>of</strong> <strong>Oxford</strong> <strong>University</strong>; a division <strong>of</strong> <strong>Isis</strong> <strong>Innovation</strong>Purpose:To provide clients access to <strong>the</strong> full breadth <strong>of</strong> research expertise available at <strong>the</strong><strong>University</strong> <strong>of</strong> <strong>Oxford</strong>, in a way which protects <strong>the</strong> interests <strong>of</strong> clients, researchers and<strong>the</strong> <strong>University</strong>.Benefits:• Timely sourcing <strong>of</strong> specialist expertise…• Single & pr<strong>of</strong>essional contact point for all project/contractual matters throughout <strong>the</strong>lifecycle & beyond• Contracts to protect all parties regarding: commercial confidentiality & IP ownership,conflicts <strong>of</strong> interest & PIWorld-class expertise to enhance innovative capability…isis-innovation.com


OUC Helping Clients• Identifying & sourcing world-class specialist expertise for:• Discrete problem solving• Providing an innovative challenge & new ideas• External review & assessment (e.g. advisory boards, due diligence)• Technical/pr<strong>of</strong>essional coaching & development• Open innovation• Blue sky visioning, future thinking• Providing testing services and scientific facilities to third parties usingequipment owned by or based in <strong>the</strong> <strong>University</strong>• Protecting <strong>the</strong> client’s background IP and ensuring <strong>the</strong>y own <strong>the</strong> arising IP• Ensuring <strong>the</strong> consultants are covered by PI insurance & have no conflicts <strong>of</strong>interestisis-innovation.com


Clients Across All Sectors…OUC counts amongst its clients:• AstraZeneca• BASF• Bayer Schering Pharma• BBC• Becton Dickinson• Capgemini• GlaxoSmithKline• Micros<strong>of</strong>t• National Audit Office• Novartis• Qinetiq• Sharp Laboratories <strong>of</strong> Europe• UN Development Programme• Unileverisis-innovation.com


<strong>Isis</strong> Enterprise• <strong>Isis</strong> Enterprise <strong>of</strong>fers consulting advice in technology transfer andinnovation, based upon <strong>the</strong> success <strong>of</strong> <strong>Isis</strong> as <strong>Oxford</strong> <strong>University</strong>’s technologytransfer company• <strong>Isis</strong> Enterprise clients and services:• Governments:Policy and benchmarking studies• Companies:Out-licensing support, in-licensing support, technology scouting, interimmanagement, open innovation partnerships• Universities and research institutes:Training, secondments, long-term partnerships, project specific support• Investors:Investment readiness, technical and market due diligence• Last year <strong>Isis</strong> delivered work for clients <strong>from</strong> 30 countries and establishedan overseas presence in Singaporeisis-innovation.com


<strong>Isis</strong> Enterprise and <strong>the</strong> Carbon Trust• In December 2006, <strong>Isis</strong> became a Low Carbon Incubator in partnership with<strong>the</strong> Carbon Trust.• <strong>Isis</strong> <strong>of</strong>fers support for early stage low carbon projects to anyone in <strong>the</strong> UKinvolved in developing low carbon technologies with commercial potential.• We work with:• Individuals• Companies• Universities• Research Institutesisis-innovation.com


<strong>Oxford</strong> <strong>Innovation</strong> Society• Established by <strong>Isis</strong> in 1990 to foster <strong>University</strong>/business links• An open innovation network• Since 1990 over 100 companies have joined• Companies pay an annual fee <strong>of</strong> £6,800 for membership• Membership Benefits:• Ready access to <strong>the</strong> academics and <strong>University</strong>• Interactions with o<strong>the</strong>r Members, leaders in technology innovation• Advance notification <strong>of</strong> all marketed patent applications• Invitations to thrice-yearly meetings and dinners• Customised research presentations and seminars• Regular newsletters and portfoliosisis-innovation.com


OIS Meeting & Dinner• Tea & c<strong>of</strong>fee reception• Academic presentation• Sponsor presentation• Champagne reception• Dinner in College• After dinner drinksisis-innovation.com


Begbroke Science Park<strong>University</strong> Departments <strong>of</strong>Engineering Science &MaterialsCentre for<strong>Innovation</strong> &Enterprise• Spin-outs on site:• Prolysis/Biota Europe• <strong>Oxford</strong> Gene <strong>Technology</strong>• Oxonica• <strong>Oxford</strong> Advanced Surfaces• <strong>Oxford</strong> Biodynamics• Particle Therapeutics• Owned & operated by <strong>Oxford</strong> <strong>University</strong>, 5 miles west <strong>from</strong> <strong>the</strong> city centre• <strong>University</strong> research labs• Business incubator & premises for new companies• Central meeting room and caféisis-innovation.com


<strong>Oxford</strong> Centre for Entrepreneurship & <strong>Innovation</strong>• Within <strong>the</strong> Saïd Business School• Development <strong>of</strong> <strong>the</strong> <strong>Oxford</strong> Science Enterprise Centre, est. 2000• Brings toge<strong>the</strong>r innovators <strong>from</strong> across <strong>the</strong> world, as well as <strong>the</strong>high-tech companies based around <strong>Oxford</strong>• Programmes• Building a Business• Medical <strong>Innovation</strong>• <strong>Oxford</strong> at Saïd – Research in a Nutshell• Activities• The SBS Venture Fund• ‘Idea Idol’ competition• ‘Start a Company’ Scheme• Supports student society<strong>Oxford</strong> Entrepreneursisis-innovation.com


Culture Change & Making Connections<strong>University</strong> technology transfer resource<strong>University</strong>entrepreneurcultureBusiness &pr<strong>of</strong>essionalenvironment• Universities and Businesses are very different; a university is not meant to be like acompany, nor a company designed to be like a university; remembering this helpswhen trying to bring <strong>the</strong>m toge<strong>the</strong>r• The ideas are in <strong>the</strong> <strong>University</strong>; if <strong>University</strong> provides strong TT resource, <strong>the</strong> culturescan be connected and ideas transferred• If <strong>the</strong> <strong>University</strong> doesn’t lead, <strong>the</strong> <strong>University</strong> may not receive its share <strong>of</strong> <strong>the</strong> benefits• <strong>Technology</strong> is a cost; you don’t make money out <strong>of</strong> technology; you make money out<strong>of</strong> a business that successfully commercialises technologyisis-innovation.com


Layers in <strong>the</strong> <strong>Innovation</strong> EcosystemInnovative companies, investors, entrepreneurs,<strong>University</strong> People – Researchers, TTO, AdministratorsPr<strong>of</strong>essional advisers – patent attorneys, lawyers,accountants, banks, commercial property managers, pr,head-hunters, consultants, students, journalistsO<strong>the</strong>r universitiesisis-innovation.com


Conclusions – How <strong>Isis</strong> Works• Universities• <strong>Technology</strong> <strong>Transfer</strong> is a good thing• Part <strong>of</strong> <strong>University</strong> purpose; may make money for <strong>University</strong> and researchers• It does not happen on its own• You need to invest resources in People, Patent budget, Pro<strong>of</strong>-<strong>of</strong>-Concept• You need a policy framework• Who owns <strong>the</strong> inventions; who shares <strong>the</strong> rewards• It takes a long time … So start and do not stop.• Business• Access to technologies, resources and expertise• Help understand universities• Help your business innovate• Investors• Source <strong>of</strong> investment opportunities• Home for entrepreneurs• Government• Stimulates innovation and enterprise• Improves societyisis-innovation.com


Vision for <strong>Isis</strong>• <strong>Technology</strong>• From <strong>Oxford</strong> and elsewhere• <strong>Innovation</strong>• Successful exploitation <strong>of</strong> new ideas• For People• Health & Wealth <strong>of</strong> SocietyGreener Emission FuelsSilent & Clean PowerEnergy <strong>from</strong> WasteA New Steam Revolutionisis-innovation.com


www.isis-innovation.com<strong>Isis</strong> <strong>Innovation</strong> Ltd, Ewert House, Ewert Place, Summertown, <strong>Oxford</strong> OX2 7SGT 01865 280830 F 01865 280831 E innovation@isis.ox.ac.ukRegister to receive <strong>Isis</strong> E-News at: www.isis-innovation.com/news/enewsisis-innovation.comDec 09

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