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Spin-off companiesExamples of commercialization by faculty of their discoveries
1. Iowa State Distinguished Professor of Chemistry Ed Yeung is one of the nation's top researchers in analytical chemistry. He has received four R&D 100 awards. The latest is for a commercial instrument based on his research that analyzes complex compounds much more efficiently and hundreds of times more rapidly than current methods. Naturally, there is quite a bit of interest in his work by chemical, biochemical and pharmaceutical companies. In 2000, Prof. Yeung along with Shelley Coldiron and Marc Porter formed the company CombiSep to develop, manufacture and market this instrument. It is located in our Research Park, and has about 20 employees, including eight ISU graduates. Its potential is huge. 2. Another example is the work of Electrical Engineering Professor Doug Jacobson, who received his first R&D 100 award in 2001 for a technology and device called Packethound. It's the product of a company he formed in 1996 called Palisade Systems that resulted from his university research involving internet security. Palisade Systems is also in the Research Park, currently has 20 employees, and is expanding due to strong demand for products across the country and internationally. |
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