#science #startup #nuclear #prepper
Challenges in University Startups: Starting a company based on university research can be more effective than licensing to large corporations. However, it involves challenges like managing relationships, intellectual property, and navigating business dynamics, which can strain academic collaborations.
Patents and Intellectual Property: Intellectual property protection is crucial and costly. The Bayh-Dole Act of 1980 allowed universities to retain ownership of federally funded inventions, spurring startup growth. Filing provisional patents is relatively inexpensive, providing time to develop the invention further before filing a full patent.
Funding and Business Advice: Various funding sources for startups include government grants (SBIR, STTR), angel investors, and venture capitalists. Managing these relationships and understanding the business landscape, including the role of a board of directors, is essential for the success of a startup.
Nuclear Event Response: In the event of a nuclear explosion in a city, immediate action is necessary to address the radiation plume, as it can start affecting the city within three hours. Radiation first damages the stem cells in the small intestines, leading to severe health impacts.
Development of Radioprotectant: After 9/11, a need arose for an oral drug that could protect people from radiation exposure quickly. The drug developed, WR2721, showed significant protective effects in mice subjected to high doses of radiation.
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