Overview
What is Cedars Sinai Intellectual Property Company?
Cedars Sinai Intellectual Property Company (CSIP) is a charitable organization based in Los Angeles, California, formed on May 14, 2021. CSIP's primary mission is to support Cedars-Sinai Medical Center (CSMC) by managing and licensing intellectual property assets derived from its research activities. The company educates CSMC faculty and research staff about intellectual property protection principles, captures new technologies and discoveries, and evaluates their potential for further development into products or services that could positively impact health or healthcare delivery. CSIP also develops and maintains a network of researchers and technology professionals, identifies commercial partners, advises and invests in early-stage companies, and manages relationships with licensees and companies in its investment portfolio.
Is Cedars Sinai Intellectual Property Company legitimate?
Cedars Sinai Intellectual Property Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedars Sinai Intellectual Property Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cedars Sinai Intellectual Property Company?
The Cedars Sinai Intellectual Property Company (CSIP) exists to support Cedars-Sinai Medical Center (CSMC) through the management of its intellectual property. CSIP is a charitable organization dedicated to benefiting CSMC. Its primary purpose is to manage and license intellectual property assets that stem from CSMC's research activities. This includes the development of early-stage companies that license and develop CSMC's intellectual property. CSIP operates exclusively for charitable purposes and contributes to the growth and advancement of CSMC.
Who is the CEO of Cedars Sinai Intellectual Property Company?
James D Laur is the Secretary And Director of Cedars Sinai Intellectual Property Company.
What is the revenue of Cedars Sinai Intellectual Property Company?
Cedars Sinai Intellectual Property Company's revenue in 2022 was $16,082,219.
Who are the executives of Cedars Sinai Intellectual Property Company and what are their salaries?
- Shlomo Melmed (Secretary And Director)
- Edward M Prunchunas (Treasurer And Director)
- David M Wrigley (Treasurer And Director)
- James D Laur (President And Director)
- Pamela Collingwood (Secretary)
Where can I find the form 990 for Cedars Sinai Intellectual Property Company?
The Cedars Sinai Intellectual Property Company’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Cedars Sinai Intellectual Property Company
Cedars Sinai Intellectual Property Company (CSIP), a charitable organization, is dedicated to supporting Cedars-Sinai Medical Center (CSMC) by managing and licensing its intellectual property derived from the medical center's research activities. CSIP's primary objective is to benefit CSMC through the development of early-stage companies that license and develop CSMC intellectual property. This mission is exclusively for charitable purposes, and CSIP's unique role ensures that the medical center maximizes the potential value of its research discoveries. By managing and licensing these assets, CSIP furthers CSMC's mission to improve patient care and advance medical knowledge. CSIP's initiatives are essential to CSMC, as they facilitate the commercialization of research breakthroughs and help bridge the gap between lab discoveries and market applications. This approach allows CSMC to continue investing in groundbreaking research while generating revenue to support its ongoing operations and enhance its patient care services.
Impact
This information is meant to be a general summary of Cedars Sinai Intellectual Property Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Cedars Sinai Intellectual Property Company (CSIP) has a significant impact on advancing medical research and innovation at Cedars-Sinai Medical Center. By managing and licensing intellectual property assets derived from CSMC's research activities, CSIP plays a crucial role in translating new technologies and discoveries into products and services that can positively impact illness, disease, unmet health needs, and healthcare delivery.
CSIP's efforts support the further development of technologies, creating opportunities for these innovations to benefit the community as a whole. Additionally, by developing and maintaining a network of researchers and technology professionals in academic institutions and industry, CSIP fosters collaborations that enhance early-stage discoveries made through CSMC biomedical research.
Through identifying commercial partners to license intellectual property and investing in early-stage companies, CSIP facilitates the transition of research findings into real-world applications. By managing relationships with licensees and companies in its investment portfolio, CSIP actively supports the growth and impact of innovations emerging from CSMC.
Overall, CSIP's work contributes to the advancement of medical science, the improvement of healthcare outcomes, and the enhancement of overall community well-being.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2021
Phone
(310) 423-3277
Principal Officer
James D Laur
Main Address
8700 BEVERLY BOULEVARD, LOS ANGELES, CA, 90048
NTEE Category
Code: H99 - Medical research
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