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Clarkson University Receives Over $537K in Royalties from Ferro Corporation
Clarkson University has received more than $537,000 in royalty payments from Ferro Corporation over the past seven years.
The royalties cover licenses for a chemical-mechanical planarization (CMP) slurry formulation developed in Professor S.V. Babu’s laboratory by Ramanathan Srinivasan and the late William America.
Srinivasan is currently an associate professor in the Chemical Engineering Department at the Indian Institute of Technology in Chennai, India.
America, also a Kodak employee at the time of this work, later served in 2006-2007 as the deputy director for Clarkson’s Center for Advanced Materials Processing (CAMP). In addition to the slurry development, he was instrumental in having Kodak file the patents and licensing them to Ferro.
Jack Prendergast, CAMP’s current deputy director, also contributed to the successful effort. He encouraged Ferro to license the patents and to commercialize, qualify, and market the slurry.
Ferro Corporation was a corporate sponsor for CAMP.
Clarkson University launches leaders into the global economy. One in six alumni already leads as a CEO, VP or equivalent senior executive of a company. Located just outside the Adirondack Park in Potsdam, N.Y., Clarkson is a nationally recognized research university for undergraduates with select graduate programs in signature areas of academic excellence directed toward the world’s pressing issues. Through 50 rigorous programs of study in engineering, business, arts, sciences and health sciences, the entire learning-living community spans boundaries across disciplines, nations and cultures to build powers of observation, challenge the status quo, and connect discovery and engineering innovation with enterprise.