Fortune: MSM Leads All HBCUs in Number of Patents
Fortune Magazine recently reported on the number of patents produced by Historically Black Colleges and Universities. Morehouse School of Medicine is at the top of that list. Between 2009 and 2019, MSM has been granted 63 patents. Howard University and Florida A&M trailed with 53 and 41 respectively.
“Morehouse School of Medicine, for example, has a comparatively small endowment of $56 million, however, the institution produced the most patents of any HBCU,” explains writer Anisa Holmes. “On the other hand, Spelman College, which boasts an endowment of $389 million, has only produced eight patents over the last four decades.”
“This report shows the things we’re in which we are engaged in terms of research have value,” said James Lillard, Ph.D., associate dean for research at MSM. Things like therapies to counteract the effects of a stroke and product to clean up biohazards that allows one to sweep-up a biohazard spill instead of mopping it up.
“I am proud of our innovative faculty coming up with these ideas and inventions,” added Lillard.
Read more from the report on Fortune’s website.