University of Nebraska-Lincoln

Harvard Law School

Jadavpur University

Patent Monetization Expert  -  IP Advisory  -  Technology Transfer  -  IP Licensing  -  Due Diligence  -  Professor

Dublin, Ohio, United States

InnovAito is a pre-eminent patent monetization advisory service turning inactive patents into revenues. Our proprietary approach to patent portfolio analysis unlocks tremendous value for our clients looking for competitiveness in the market.  We are a think tank providing services for creation of highest quality patents from inventions, utilizing cutting edge artificial intelligence tool and machine learning at the patent claims level. We have an experienced team that has unlocked the revenue potential from multibillion dollar research budgets and worked with Fortune 500 companies, universities and SMEs.


InnovAito (Aito is Japanese for open) delivers a simple yet effective way of partnering with academic research enterprises to enrich research and IP portfolio.

InnovAito has worked with numerous universities around the world in the area of technology transfer and commercialization. We partner with Fortune 500/100 companies to reveal novel areas of value that are not immediately obvious, such as field of use out-licensing in other technical verticals. We use consultants and advisors who are absolutely the best in the business.

InnovAito works outside the practice of patent law to add synergistic value to a company’s patent prosecution and legal due diligence expertise.

InnovAito, LLC

President

Brevelex's AI/ML tools and team deliver end-to-end patent prosecution and management. Immediately save up to 50% on existing prosecutions and improve your patent portfolio decisions with access to Brevelex's analytic tools.

With more than 30 years of experience working with entrepreneurs, universities, and Fortune 500 companies, we make sure you receive high quality, responsive and transparent intellectual property services.

Brevelex

Chairman of the Board

Crown Electrokinetics' technology helps the planet by making buildings more sustainable. This is achieved in two ways. One, it lowers a building owner’s energy consumption by controlling the amount of light, and therefore heat, that enters a room. Two, DynamicTint is powered by solar strips, further reducing carbon emissions.

As the leader in retrofit smart glass, Crown boasts a unique financial profile to investors. Without needing to replace existing glass, Crown’s addressable market is significantly larger than that of competing smart glass offerings. Furthermore, DynamicTint is highly scalable and enjoys attractive margins since it’s manufactured with abundant, inexpensive materials.

Crown Electrokinetics (Nasdaq: CRKN)

Board Member

- Designed and created an IP strategy course for graduate students in business and engineering
- Partnered with the USPTO to offer training to students
- Published articles on patent valuation and IP policy in peer reviewed journals

The Master of Business & Science degree (MBS) is part of a national movement of Professional Science Master’s programs that brings together master’s level study in science or engineering with “plus” courses in business and policy. Rutgers is the only university in New Jersey that offers a statewide Master of Business and Science degree .

The degree is a combination of an MS and MBA degree with 43 credits: 24 credits in the sciences and/or engineering and 19 credits in business. The science courses are taken in concentrations in areas such life science, engineering management, mathematics, information technology and sustainability. This degree spans many of the areas of expertise at Rutgers on all three campuses.

Rutgers University

Professor of Practice, Business and Science

- Responsible for advising Vice President on technology transfer matters
- Advise on policy and strategy to university leadership, Technology valuation, de-risking technology

Shizuoka University

Visiting Professor

As Chief Partnership Officer, DJ leads our strategic partnerships with universities, research hospitals, global research organizations and commercial entities to collaborate on technologies and innovations and is responsible for the acquisition and licensing of intellectual property.

Ventech Solutions

Chief Partnership Officer

Serving on the Foundation Board of Dublin Methodist Hospital, part of the Ohio Health system.

DUBLIN METHODIST HOSPITAL

- Lead investing into healthcare data analytics based technologies involving artificial intelligence
-  Lead due diligence of startups and early stage technologies
-  Lead all aspects of intellectual property strategy including creating a large portfolio of patents
-  Designing a massive public private partnership (PPP) for a novel healthcare “data lake” startup QurHealth
-  Responsible for all aspects of investment strategy for a company that manages the CMS Medicare quality data for the US Government with 700 employees and more than $150M in revenues
-  Lead global strategy for innovation partnerships with central and eastern Europe
-  Initiated numerous university / industry collaborative partnerships

Chief Investment Officer

The Technology Commercialization Office (TCO) at The Ohio State University was overall responsible for all technology transfer and startups at the University from close to a billion in research funding. OSU ranked in the top 20 universities in the US for overall research funding.
- Led all aspects of technology commercialization from a $1B research enterprise
- Directly responsible for a $10M+ budget and 60+ personnel, including 33 full time professionals
- Launched the largest IP transaction marketplace from a university
- Successfully restructured the TCO to a world class team in less than a year with 70% new hires
- Increased invention disclosures by 61% in one year (280 to 451) and sustained that in second year (458)
- Increased revenues by 24% in first year, and tripled revenues in year two ($2.6M to $7.9M)
- Initiated the first Executives in Residence program to foster startups with more than 50 entrepreneurs
- Implemented best practices in tech transfer resulting in re-establishment of faculty confidence
-       Created 9 startups in 2017 and 18 startups in 2018 to put OSU in the top universities in US (2018)
- Initiated first claims based licensing program at the University
- Created a due diligence team with a highly talented internship and analyst pool
- Successfully established a patent monetization program with immediate ROI

The Ohio State University

Associate Vice President Technology Commercialization

Synsei Medical was founded with the goal, passion, and commitment to advance the practice of maternal and fetal monitoring.

With more women between the ages of 40 to 44 giving birth and having twins, along with the risk of high blood pressure, preeclampsia, and gestational diabetes during pregnancy, it is essential to provide reliable, quantitative, non-invasive methods of monitoring multiple fetuses and maternal health.  What is more, mobile monitoring promises to lower costs and provide better access to care to remote locations especially for those who do not have access to obstetric specialists, and to improve hospital workflow and efficiencies.

Synsei Medical

President and Co-founder

Prediqtus is the pre-eminent patent advisory and commercialization advisory service in the material science, energy, communications, electronics and medical device space.  Prediqtus provides exclusive patent advisory service for Fortune 500 companies and universities, discovering potential intellectual property assets with high value for monetization.
- Lead IP strategy for Fortune 500 companies successfully mining patent portfolio for monetization
- Leading strategist for publicly traded companies and top universities
- Successfully spun out two medical device startups based on university technology
- Launched a CEOs in Residence (CIR) program – hired CEO from CIR pool
- Received NSF SBIR funding
- Launched the first predictive analytics platform for patent claim validity
- Invited reviewer for NIH SBIR Phase I and II grants

Prediqtus

- Advised Spectral MD on strategic planning through transformation
- Identified and assisted in recruitment of new CEO to lead company
- Led company successfully to receive NSF phase 2B funding

SpectralMD

- Responsible for technology commercialization with 15 direct reports and >$2M patent budget
- Increased OTC revenues by more than 100%
- Re-established faculty confidence in OTC increasing invention disclosures by more than 200% in 2 years
- Created new invention management strategy to increase transparency to faculty
- Successfully launched first CEOs in Residence program
- Responsible for creating 21 startups at Rutgers, ranking at #10 by AUTM survey among US universities
- Initiated successful licensee compliance program substantially increasing revenues
- Instituted stringent legal cost review through a stage gate program to reduced patent expenses
- Designed and started first internship program at OTC
- Launched a highly successful IP education program on campus for inventors
- Retained as valuation expert in high profile patent litigation

Executive Director, Office of Technology Commercialization

- Responsible of transaction of all portfolios in the area of pharmaceutical, biotech, health care
- Led due diligence for acquisition of Ocean Tomo Transactions by ICAP in $10M+ deal
- Provided strategic leadership during and after acquisition

ICAP Ocean Tomo

Vice President

- Led all biotechnology, pharmaceutical and medical devices transaction business
- Responsible for Asia-Pacific strategic alliances
- Managed all University portfolios including first transaction for NASA
- Advised Fortune 100 client on patent portfolio valuation for $300M+
- Managed team of due diligence and sales professionals
- Regularly consulted with Japanese universities on technology transfer matters
- Invited speaker at key national and international conferences including UK, India, Japan and US
- Held first live patent auction in India
- Actively contributed or directed several patent marketplace The Dean’s List, <a href="http://IPXI.com">IPXI.com</a> and Patent Bid/Ask

Ocean Tomo

Director

- Re-engineered a small IP group to triple in size and substantially increase revenue
- Responsible for managing P&L
- Led international and national missions on behalf of the University and State of Nebraska including Japan
- Successfully negotiated numerous licensing and sponsored research deal including with Fortune 500
- Implemented metrics based technology transfer utilizing <a href="http://Salesforce.com">Salesforce.com</a> platform adopted by others
- Deposed as key witness in licensing litigation

Director of Operations

- Responsible for all economic development and licensing operation
- Responsible for faculty committees and Technology Development Corporation board members
- Liaised with the Governor’s office of Economic Development
- Responsible for search committee role in key senior executive hires
- Played defining role in conflict of interest (COI) committee

Interim Assistant Vice Chancellor for Technology Development

- Key player in licensing dicamba resistant crop to Monsanto Co. in $75M+ NPV transaction
- Responsible for numerous term sheets, option, license and startup related agreements working
- Successfully managed and licensed a diverse portfolio of life sciences and engineering technologies
- Managed outside counsel interactions for patent applications and licenses
- Actively advised Assoc. Vice Chancellor on IP protection strategy and licensing

Technology Development Manager

Life Sciences Marketing/Technology Development Associate

- Successfully co-wrote and received a major center grant from NIH for multi-million dollars.
- Directed one of the largest state-of-the-art Instrumentation Research Laboratory in Midwest.
- Designed and taught academic graduate only (900 level) course in chemistry and instrumentation.
- Managed a dedicated team of instrumentation managers and graduate research assistants.
- Co-authored and contributed towards numerous publications with faculty researchers.
- Launched industry university collaboration program to increase revenues for the facility several folds.
- Chaired international recruitment of students and was an integral part of Graduate Recruiting committee evaluating all Asian student candidates in Chemistry.

Dj Nag

Dj Nag