Fox Chase technologies by themselves or grouped with other technologies can provide the foundation needed to start new businesses. Startups foster economic development in the community, bring technologies to market quickly, increase the value of technologies by financing further development, and in some cases promote basic research. Startups require an enormous investment of management time, as well as substantial scientific, financial and administrative efforts. Thus, the investment of time and effort in developing a new business must be weighed against the potential for commercial success versus other avenues.
Fox Chase is poised to work with potential partners to form new businesses around a platform technology or group of technologies. Our past efforts in this realm have been successful, and we are enthusiastic about this mode of transferring technology to the marketplace.
For further information about startup opportunities, please contact Inna Khartchenko.