A key architect of the state's new angel tax credit may tackle
tech-transfer legislation next.
Rep. Tim Mahoney (DFL-St. Paul)
tells MedCityNews that he's frustrated with the University of
Minnesota's efforts to turn basic research into commercial products.
"So unless the university makes significant progress by the end of the year, Mahoney will introduce a bill that either privatizes tech transfer or calls for the university to hire a 'strong entrepreneurial' president that will 'really shake up' the Office for Technology Commercialization (OTC)," MedCity News writes.
Mahoney goes on to say the university's
practice of spinning off just a few high-potential companies per
year amounts to "screening companies to death."
Read
the full MedCityNews report here.