About the Office of Technology Development
The Office of Technology Development (OTD) at Scripps Research bridges the gap between research and industry, playing a crucial role in business development, technology transfer, and commercialization. OTD is integral in licensing intellectual property, fostering spin-off companies, facilitating strategic alliances with industry and ensuring that institute, state and federal regulations are upheld as they relate to intellectual property commercialization.
Our Mission
The mission of OTD is to accelerate the impact of Scripps Research's innovation through business development and partnerships. We facilitate the transfer of technology to established companies and startups to fulfill Scripps Research's mission of translating our discoveries into tangible global impact and we generate revenue to sustain and grow further translation and research.
Innovation Changing Life
Scripps Research is a leader in translating science into real-world solutions. In Fiscal year 2023, funding from technology licensing exceeded $296 million.
The institute now has more than 1,100 patents and has produced more than 50 spin-off companies from its scientific breakthroughs.
Letter from the President
Innovation is a cornerstone of our mission at Scripps Research. The Office of Technology Development is crucial in enabling our mission to make the technologies discovered and developed by our faculty, researchers and students available to the public. As President of Scripps Research, I have seen firsthand how a flexible and sophisticated approach to deal-making can successfully value the contributions of our industry partners and how our approach creates an ecosystem where the contributions of all parties are valued. This ecosystem ensures our technologies can secure the ongoing investment needed to translate the discoveries made in the lab into practical applications, such as new treatments, therapies, or innovations that can be used in clinical settings or by the public at large.
Peter SchultzPresident & CEO