Intellectual property and impact
Research funded by the MRC has led to some of the most significant medical advances of the last century and generated millions of pounds for the UK economy. MRC doesn’t own any intellectual property generated by research it funds unless it is conducted in our institutes and units, instead this belongs to the researchers and universities doing the work. LifeArc (previously known as MRC Technology) is responsible for managing MRC intellectual property and works to exploit our scientists’ research findings to generate income that then funds further research.
Exploitation of academic research to deliver health benefits, economic growth and jobs is the best delivered in the commercial sector. We joint fund projects with industry and government agencies such as Innovate UK (formerly the Technology Strategy Board) to ensure research originating in academia has the best chance of success. Partnerships between MRC funded scientists and industry are made possible through use of specific industry collaboration agreements.