Federal Partners in Technology Transfer

Federal Partners in Technology Transfer

May 31, 2005 18:01 ET

FPTT: Canada's Technology-Transfer Leaders Discuss Identifying and Assessing Commercial Opportunities

TORONTO, ONTARIO--(CCNMatthews - May 31, 2005) - Over the next two days, Canada's technology transfer leaders will meet at the Fairmont Royal York Hotel in Toronto, for the Federal Partners in Technology Transfer (FPTT) Annual Meeting and Awards Ceremony.

"The Prime Minister has made it clear that commercialization of public sector research results is a priority. The strategic and political relevance of technological innovation in Canada has become increasingly evident. While Canada is strong in scientific output, its commercial and innovative performance could be improved," says Morna Paterson, FPTT Director. "FPTT is well positioned to play an active role in identifying new and marketable technologies and developing strategies for building the linkages needed to effectively exploit these technologies."

The theme of this year's conference is "Identifying and Assessing the Opportunity". In the keynote address, Harold Jennings of the National Research Council, one of Canada's leading researchers, will share his story of how he and his NRC colleagues overcame the many scientific and commercialization challenges to get the NeisVac-C to market.

A panel of experts from federal agencies, industry and the university community will explore strategies for building strong relationships between researchers and the technology transfer officers. These experts will discuss important intellectual property issues and effective commercialization strategies. A federal lab case study regarding technology assessment will be presented. The importance of consulting intellectual property committees and mentors who evaluate technologies and formulate corporate strategies will be emphasized.

The FPTT conference contributes to maintaining and enhancing Canada's position as world leader for the exploitation of publicly-funded technology and knowledge. This gathering of experts provides multiple opportunities to share best practices and to exchange ideas regarding successful technology transfer and commercialization.

The FPTT Awards Ceremony will honour individuals and teams who have distinguished themselves in the development, transfer, and commercialization of technology. The 2005 award winners are: Agriculture and Agri-Food Canada / Bioriginal Food & Science Corp.; Natural Resources Canada / Par Excellence Development Inc.; Natural Resources Canada's Canadian Forest Service; and Dr. Siauw Ng of Natural Resources Canada. (For more information regarding the 2005 FPTT award winners, please consult the backgrounder available on the FPTT website at http://www.fptt-pftt.gc.ca/conferences/2005/doc/award_backgrounder_e.doc).

FPTT is a network of technology transfer professionals from federal science-based departments and agencies dedicated to building technology transfer capacity in the public sector. The FPTT network works to ensure that technologies developed in federal labs find their way to those who can exploit them, thus contributing to an increase in Canada's collective wealth.


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