Mann Institute Seeks Novel Concepts
Founded with a $100 million endowment, USC's institute invests about $5 million each year to sponsor bright ideas spawned here. accelerate the commercialization of bioengineering or medical inventions from USC.
These new ideas can come from faculty members, students or staff. The institute' s help is particularly welcome for medical inventions, which are time-consuming to bring to the market.
Medical products need Food and Drug Administration clearance and often require clinical studies. The institute offers an environment in which the product ideas can be further developed before being launched by the industry.
“The Alfred Mann Institute turned my idea into a family of products which are now manufactured and sold by a company in Colorado,” said Ricardo Hahn, family physician at the Keck School of Medicine of USC. In 2005, he developed a positioner that prevents plagiocephaly (abnormal head shape) of newborns and infants.
“I learned a great deal, had a wonderful experience and will be submitting more ideas to the institute," Hahn said. “My invention would have never progressed beyond an idea without the help from the institute. The team built prototypes, expanded my patent portfolio, filed a trademark for a brand name, acquired FDA clearance and found the ideal commercial partner for the product. This was accomplished in a record 18-month period.”
Jean-Michel Maarek, senior lecturer in the USC Viterbi School of Engineering’s department of biomedical engineering and an inventor who approached the institute in 2001, said, “We have been working with the institute for five years on the Cardiac Output Monitor and were fortunate to be able to develop prototypes and run clinical studies. Today we have six patents filed or issued and are meeting with potential acquirers of the technology.”
The institute reviews and establishes the value of about 50 medical ideas submitted each year.
“We establish the intellectual property and market landscapes that the new concept would experience if it were to be commercialized, and with the help of the inventor, we enhance and broaden the invention for greatest market impact and maximum revenue potential,” said Nathalie Gosset, marketing and business development manager at the institute.
Approximately six ideas are being accelerated toward commercialization at the institute at any given time. The institute selects the most promising inventions and provides patent management, business and marketing expertise, engineering services, regulatory know-how and financing of clinical studies.
A project manager is assigned to each project to coordinate the activities. When needed, the institute may provide laboratory space and pay for portion of salaries for USC staff involved in the development.
Ideas can be submitted to the Alfred Mann Institute by contacting Gosset at (213) 821-1339 or gosset@usc.edu.
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USC in the News
for 2/8/2012 »-
The Chronicle of Higher Education mentioned USC’s $6 billion fundraising campaign. The story noted that USC had already raised $1 billion in a “quiet phase,” including the $200 million naming gift from USC Trustee and alumnus David Dornsife and wife Dana Dornsife to the USC Dornsife College.
The Guardian (U.K.) highlighted two major gifts to USC in a list of the 10 biggest philanthropic benefactors in America. The list included the $200 million naming gift from USC Trustee and alumnus David Dornsife and wife Dana Dornsife to the USC Dornsife College, and the $110 million gift from USC Trustee and USC Viterbi School alumnus John Mork and wife Julie to create the USC Mork Family Scholars Program.
The New York Times featured the USC U.S.-China Institute documentary “Assignment: China — The Week that Changed the World.” The documentary, part of a series, examines media coverage of the 1972 Nixon trip that reshaped U.S.-China relations after a quarter century of isolation and hostility. “People look back now and take it for granted that the outcome was preordained,” said the institute’s Mike Chinoy, who produced the documentary. Voice of America also featured the story.
Los Angeles Times featured the Oscar Senti-meter, a tool developed by the USC Annenberg School, Los Angeles Times and IBM that analyzes thousands of tweets about the Academy Awards nominees. The story noted that Mexican actor Demian Bechir received an enormous boost on Twitter the day of the nominations, with a total of 6,893 tweets mentioning him, a 47-fold increase from the day before. The story noted the tool uses language-recognition technology developed in collaboration with USC Viterbi School’s Signal Analysis and Interpretation Lab.
The Times of India (India) featured a three-day medical emergency training workshop organized in association with USC. At the workshop, held at GCS Medical College in India, 50 doctors and more than 100 paramedics learned how to improve emergency support systems. William Mallon of the Keck School of USC said that discussion topics included the use of portable ultrasonic devices to scan patients. “The ultrasound applications help physicians make accurate and timely decisions,” he noted. Daily News & Analysis (India) also featured the workshop.
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