[Chronicle]

July 14, 1994
Vol. 14, No. 1

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    Group convened to advise on matters of technology transfer

    Seven faculty members have been appointed to an ad hoc Advisory Group on Technology Transfer by Provost Geoffrey Stone to advise on issues facing the Argonne National Laboratory/University of Chicago Development Corporation (ARCH).

    ARCH, founded in 1986 as a not-for-profit affiliate of the University, commercializes intellectual property and basic research developed at Argonne or the University. The advisory group will help maintain a balance between the needs of research and those of product development and will also consult on organizational issues concerning ARCH.

    The group will also advise on the selection of a new chief executive officer for ARCH, which until this month was led by Steven Lazarus, president and CEO. On July 1, Lazarus became Director of ARCH Fund II, a separate venture-capital fund to raise resources for new companies marketing inventions developed at Argonne and the University.

    "It is our hope that this group will be useful in finding the right CEO for ARCH," said Gene Mazenko, Associate Provost and chairman of the advisory group. "The difficult task is to find the right fit between the culture of the University and the world of product development."

    In addition to Mazenko, the members of the advisory group are Douglas Baird, the Harry A. Bigelow Professor and Dean of the Law School; Jeffrey Bluestone, Professor in Pathology; Norman Bradburn, the Tiffany and Margaret Blake Distinguished Service Professor in Psychology; Thomas Brasitus, the Walter L. Palmer Distinguished Service Professor in Medicine; Harvey Drucker, Associate Laboratory Director, Argonne National Laboratory; and Donald York, Professor in Astronomy & Astrophysics. Staff support for the group will be provided by Fred Stafford, Director of Special Projects.