Michigan universities capitalize on growth of state venture capital industry
Universities around the state, even those not generally considered research universities, now employ vice presidents of research, most of them scientists with a history of creating companies and jobs, and tech transfer is considered an integral university function. When M. Roy Wilson, an ophthalmologist and researcher who had been an executive at the National Institutes of Health, became president of Wayne State in August 2013, he immediately began focusing on improving the school's tech-transfer operations. In May, John Shallman, who had more than 24 years of experience in technology commercialization, the last six as director of commercialization at Beaumont Health System, was named the department's senior director of licensing. Kenneth Massey, who had 28 years combined of biomedical research and business experience in academic, pharmaceutical and biotech, was named senior director of venture development. In June, Stephen Lanier, who had been associate provost for research and a professor of cell and molecular pharmacology and experimental therapeutics at the Medical University of South Carolina in Charleston, S.C., joined WSU as vice president of research.