Stages:

• Early
• Seed

 

Industries:

Life Sciences & Healthcare

Medical Device

 

Description:

UAMS Arkansas BioVentures and its Technology Licensing Office (TLO) were established as a formal outgrowth of the University of Arkansas for Medical Sciences' (UAMS) interest in translating its research into products that benefit human health. The UAMS College of Medicine established UAMS BioVentures in 1997 to maximize global, industrial interaction with the University of Arkansas faculty, as well as to facilitate technology transfer, the creation of startup companies that are based on UAMS technology invention disclosure, and contributions to Arkansas' economic development. UAMS' primary missions is to translate publicly funded research into products that benefit human healthcare and convert Arkansas' medical and biotechnology research into new companies and high wage jobs for Arkansans. BioVentures offers the UAMS client companies access to many University resources, both at UAMS and at the University of Arkansas at Little Rock (UALR), and a 16,500 square foot new business incubator facility. This facility also houses GMP (Good Manufacturing Practice) laboratories and production space that has been qualified to support the development of clinical research. UAMS is the state’s largest basic and applied research institution, with a total budget of $1.3 billion and more than $100 million in annual research funding.