Nanosys Signs License for Control of Yissum QD Patents
Agreement strengthens Nanosys IP portfolio with over 60 additional global quantum dot patents
Nanosys, a quantum dot company, has announced that it has signed an exclusive license agreement with Yissum, the Technology Transfer Company of The Hebrew University of Jerusalem for a worldwide patent portfolio related to quantum dot technology.
Under the terms of the agreement, Yissum will grant Nanosys an exclusive, worldwide, sub-licensable, royalty-bearing license to its patented technology for quantum dots in display, lighting and healthcare applications.
The technology includes key patents related to the base composition of heavy metal free quantum dots as well as novel material structures such as nanorods that may enable improved photoelectronic performance for a variety of future applications.
Representing 15 years of research and development by Uri Banin from the Institute of Chemistry and the Center for Nanoscience and Nanotechnology at the Hebrew University, the licensed intellectual property includes over 60 issued and pending patents around the world across about a dozen patent families. Yissum's Quantum Dot portfolio has an average lifetime of over ten years with many patents not expiring until 2030 and beyond.
Nanosys' QD IP portfolio includes more than 450 patents and patent applications worldwide, including the US, Europe, Japan, Korea, Taiwan, China, India, Australia, Brazil, and Israel.
Yaron Daniely, CEO and president of Yissum, said: "Nanosys is an excellent example of a leading company investing in research results rooted in the strong nanotechnology and materials research at the Hebrew University. This agreement will allow the continued development and commercialisation of promising innovation coming out of our institution, in line with Yissum's mission of creating opportunities for academic knowledge and technology transfer worldwide."
"Yissum's quantum dot patent portfolio comes from a leading university with one of the strongest quantum dot research teams in the world over the last two decades," said Charlie Hotz, VP of R&D at Nanosys. "This transaction significantly extends Nanosys' patent portfolio, enabling us to expand the foundational coverage for the range of heavy metal free Quantum Dot technologies and materials that we offer to our customers and accelerate the growth of the quantum dot marketplace."