Word: stannous
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Dates: during 1980-1989
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...present, many universities grant licenses to private companies to use their discoveries in exchange for royalty payments. Over the years, the Procter & Gamble Co., makers of Crest toothpaste, paid Indiana University more than $2 million because Indiana held a patent on stannous fluoride. The novel element in Bok's proposal was the idea that universities could make more money by cutting out the middleman and sharing directly in the equity of their own product-development companies. As costs rise throughout higher education, commercial temptations will grow, and the search for ways to turn campus research into cam pus revenue...