UTEK Partners with Leading Life Science Organizations, MEDEC and MedilinkUK
February 23 2010 - 8:00AM
Business Wire
UTEK Corporation (NYSE Amex: UTK), a leading IP licensing and
innovation services company, is pleased to announce a partnership
between MEDEC and MedilinkUK and its online licensing marketplaces,
Pharmalicensing and Medical Device Licensing. Through this
partnership, hundreds of new companies can take advantage of UTEK's
growing network of registered companies and industry professionals,
all looking to identify licensing and partnering opportunities
worldwide.
MEDEC is the national association for the Canadian medical
technology industry, and MedilinkUK is the leading network of
regionally-based organizations working to grow the economic impact
of UK Life Sciences. The partnerships will bring UTEK to large
clusters of critical life sciences organizations in Canada and the
UK. MEDEC and MedilinkUK will be able to bring their membership
increased IP license exposure and access with minimized risk and
cost preferences through UTEK’s Medical Device Licensing online
marketplace.
UTEK’s Medical Device Licensing is a key element in the business
development tool-box of innovation-hungry life science companies.
Clients range from the global multinational companies seeking to
identify the latest blockbuster products, right through to small
locally operated organizations looking to bring innovative IP to a
global audience.
“Our group’s focus has been on ensuring access to proven, safe
technology and innovative medical technology developed by our
member companies. Our relationship with UTEK’s Medical Device
Licensing helps us do that and more. With potential efficiencies
for our members, Medical Device Licensing provides global resource
access and exposure that could help them grow beyond their current
means,” confirms Stephen Dibert, President and CEO of MEDEC.
“We are excited to strike such a partnership with UTEK. Via
UTEK’s Medical Device Licensing, we are able to offer our members
convenient and valuable exposure to its 190,000 visitors each month
as well as to its robust bank of available IP,” states Sue Wilde on
behalf of MedilinkUK. “Our goal is to proactively lead member
companies to commercial opportunities in the medical market. This
new member service will undoubtedly further their partnering and
licensing efforts.”
“These partnerships and our recent alliance with Patents.com
means we can bring even more opportunities to MEDEC, MedilinkUK
members and our clients in their search for partners to develop and
commercialize their IP,” summarizes Mark McBride, Managing Director
of UTEK Pharmalicensing. “These agreements further our aim to
increase well-targeted traffic to drive market efficiencies, help
our clients realize more value from their IP portfolios, and
ultimately foster innovation around the world.”
www.medec.org - www.medilinkuk.com -
www.medicaldevicelicensing.com - www.utekcorp.com
About UTEK Corporation
UTEK® is a leading global IP licensing and innovation services
company. UTEK’s services enable its clients to enhance their
innovation capabilities, rapidly source externally developed
technologies, create value from their intellectual property and
gain foresight into marketplace and technology developments that
could affect their business. For more information about UTEK,
please visit its website at www.utekcorp.com.
About MEDEC
MEDEC is the national association created by and for the
Canadian medical technology industry. MEDEC is the primary source
for advocacy, information and education on the medical technology
industry for members, the greater healthcare community, industry
partners and the general public. MEDEC members account for nearly
25% of total national industry employment and are leading the total
industry’s growth rate. The medical device industry in Canada has
approximately $6 billion in sales and employs more than 35,000 in
1500 facilities. Our goals are to advance health outcomes for
patients in Canada and the growth and vibrancy of the industry in
Canada. We focus on ensuring access to proven, safe technology and
new, innovative medical technology developed by our member
companies. For more information about MEDEC, please visit its
website at www.medec.org.
About MedilinkUK
MedilinkUK is a flourishing network of regionally-based
organizations working to grow the economic impact of UK Life
Sciences. Each regional organization is a private limited company
offering services specific to its constituency. MedilinkUK.com is
THE voice of the UK life science industry, log on to see what the
industry is talking about. www.MedilinkUK.com myM-link, a division
of MedilinkWM, is a membership service for private companies in the
life sciences market, giving its members a competitive edge through
networking, market intelligence and commercial opportunities. For
more information about MedilinkUK, please visit its website at
www.myM-link.co.uk.
Forward-Looking Statements
Certain matters discussed in this press release are
“forward-looking statements.” These forward looking statements can
generally be identified as such because the context of the
statement will include words such as UTEK “expects,” “should,”
“believes,” “anticipates” or words of similar import. Certain
factors could cause actual results to differ materially from those
projected in these forward looking statements and these factors are
identified from time to time in our filings with the Securities and
Exchange Commission. We undertake no obligation to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. This press release is
available on UTEK’s website www.utekcorp.com.
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