What is the planned exit strategy for products that are developed at an AMI?
The AMIs will advance early stage concepts and ideas that are too early in the development process to attract capital and financing from commercial companies, venture capitalists, or other risk-adverse entities. The Institutes are designed to enable product development by bringing select technologies to a later stage of development than traditionally occurs at a university, overcoming early stage risks that preclude traditional investments from the financial community and barriers that often prevent innovations from reaching the public. The Institute operates to bridge the “Valley of Death” with undiluted capital, thus creating greater value and higher royalty rates for the universities and their inventors. The AMI Executive Director in conjunction with the Board of Directors will determine at which point transfer to a commercial entity is appropriate. The product may be sublicensed, the Institute may partner with an existing commercial entity, or the Institute may collaborate in the c
