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Biochemist’s startup secures license through TechLink for developing technology that could treat PTSD

August 29, 2018 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

A biochemist’s startup company announced Monday that it had secured an exclusive patent license agreement with the Air Force Research Laboratory for a breakthrough technology that could help military veterans suffering from a post-traumatic stress disorder.

Davis found the Air Force technology in an online database of available military inventions built by TechLink, the Department of Defense’s national partnership intermediary for technology transfer. TechLink works with the Air Force Technology Transfer Program, providing no-cost assistance to businesses that want to leverage Air Force science and engineering. According to the agreement, Davis has to pay an upfront licensing fee and a 4-percent royalty on sales.

https://www.news-medical.net/news/20180828/Biochemists-startup-secures-license-for-developing-technology-that-could-treat-PTSD.aspx

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TechLink helps the Department of Defense to commercialize leading-edge new technology by partnering DoD labs with private sector companies for technology licensing, transfer, and research and development

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