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New Office For Technology Development Hopes To Attract New Companies To Dallas

elated technologies to increase their values, said Stone, a professor of internal medicine, physiology and biochemistry and holder of the NCH Corporation Chair in Molecular Transport.

UT Southwestern took another step toward biotechnology development recently by launching the on-campus Center for Biomedical Inventions, which will help take research from the idea stage to commercialization before it is licensed to outside companies.

"These moves are vital steps to ensure that the research being done at UT Southwestern realizes its full potential and is used to develop better ways of diagnosing, treating and preventing disease," said Dr. William Neaves, executive vice president for academic affairs and holder of the Doris and Bryan Wildenthal Chair.

Stone said, "This (new office) will open the way toward developing a biotechnology industry in Dallas. It is something that can interplay dynamically with the university; it is not a one-way street. The university can supply new technologies, and industry is capable of advancing those discoveries in ways investigators cannot accomplish in their own laboratories.

"It is extremely labor intensive to start such a company. That's why I'm particularly excited by the Dallas Plan and the efforts of Robert Hoffman, vice chairman of its board of directors, to establish core financing for this type of industry in Dallas."


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Contact: Susan Steeves
susan.steeves@email.swmed.edu
(214) 648-3404
UT Southwestern Medical Center
4-Aug-1998


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