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Dr Bill Nelson speaks with Christy Wyskiel, the Executive Director of Johns Hopkins Technology Ventures, about the journey scientific discoveries take on their way to becoming life-saving treatments and the role JHTV plays in commercializing medical innovations.
Christy Wyskiel is the executive director of Johns Hopkins Technology Ventures (JHTV), the tech transfer office of Johns Hopkins University, and senior adviser to the president for innovation and entrepreneurship. She reveals why she is so passionate about the Baltimore ecosystem that she goes above and beyond her day job and talks about why having […]
Christy Wyskiel's passion for born and bred local business prompted her to leave her job as an institutional investor on Wall Street and focus on helping Baltimore entrepreneurs and inventors thrive. In her estimation, her current role as the Executive Director of Johns Hopkins Technology Ventures (JHTV) is close to the best job in the world! JHTV acts as a bridge between world-changing inventions being developed in laboratories, and the market, and their breadth of field covers everything from guitars to cancer diagnostics. The three divisions which make up JHTV focus on technology transfer, industry research partnerships, and company acceleration, and in today's episode Christy shares more details about some of the programs that sit within these sectors. Johns Hopkins' three-year rolling average for licensing revenue is more than twice what it was before JHTV was created, which is just one of the many metrics which highlights the success of the program. We discuss the value of such metrics, and how Christy hopes to impact the way technology transfer departments approach them. We also hear about what Christy believes to be the key indicator of success, her thoughts on corporate partnerships, and how JHTV, and Christy in her own personal capacity, are working towards enhancing diversity in technology transfer. In This Episode: [00:50] An introduction to today's guest, Christy Wyskiel. [03:00] Christy's circuitous journey of the heart from wall street to the field of technology transfer. [05:04] Barriers and opportunities that Christy became aware of when working with entrepreneurs. [07:33] The role of Johns Hopkins Technology Ventures (JHTV), and the wide range of research endeavours that it encompasses. [08:35] Why Christy loves her job so much. [09:21] A committee that Christy was a part of, and how they came up with recommendations for the development of an entrepreneurship and start-up ecosystem in Baltimore. [10:00] What the Fast Forward division of JHTV focuses on, and the success they have seen over the past year. [11:11] The student hub for entrepreneurship and innovation at JHTV, and other programs which encourage student engagement in this field. [12:28] Goals of the JHTV Social Innovation Lab and Commercialization Academy. [14:50] Christy shares how she and her team approach their work, and a metric which highlights how much of a success JHTV has been. [16:42] Professionals who make up the staff complement at JHTV. [20:17] The most important measure of the success of technology transfer. [21:25] Why Christy sees attracting outside funding as a key indicator of success. [23:21] What Christy would like to see happen with metrics in the field of technology transfer in the future. [25:57] Some of the valuable resources that JHTV provides, and the key to successful management. [28:43] How Big Pharma has changed over the years. [29:51] Where JHTV's strengths lie, and the areas where they lean on corporate partners. [32:16] How JHTV approaches their relationships with their corporate partners. [33:49] A game changing relationship that JHTV has with a non-profit. [36:20] Some of the very interesting technology that has come out of JHTV. [39:07] Two major challenges that JHTV is facing. [41:13] The percentage of venture capital that goes to women and people of color, and the group Christy founded to change this. [42:01] How JHTV is connecting more seasoned female innovators with younger faculty and students. [44:53] Organizations that technology transfer professionals at JHTV are involved with. [45:53] JHTV's two main goals. [46:50] Christy's three wishes for JHTV. Find Christy: Email John Hopkins Technology Ventures Twitter
Christy Wyskiel is the Senior Advisor to the President of Johns Hopkins University for Innovation & Entrepreneurship and the Executive Director of Johns Hopkins Technology Ventures. JHTV is the division of the university responsible for technology transfer, industry research partnerships, and startup acceleration under the brand ‘FastForward.' Prior to her appointment at JHTV in 2013, Christy co-founded two startups and had an extensive career as an institutional investor in the life sciences and healthcare space.In this episode we discuss the process of Tech Transfer at the university level- detailing how basic research can be translated into practical technologies that can impact individuals. Additionally, we discuss the future of the biotech industry in Baltimore and the role of JHU in that development. Furthermore, Christy offers a look at opportunities for students at JHU interested in entrepreneurship or commercialization. Check those out at the links below.Fast Forward UCommercialization AcademyJHTV Yearly Report Hosted by Jenna Glatzer and Joe Varriale.
Christy Wyskiel is the Senior Advisor to the President of Johns Hopkins University for Innovation & Entrepreneurship. In this role, she also serves as the Executive Director of Johns Hopkins Technology Ventures, the division of the university responsible for technology transfer, industry research partnerships, and company incubation under the brand ‘FastForward.' Since her appointment in 2013, Christy has transformed the culture of commercialization at Johns Hopkins, opening 43,000 square feet of FastForward innovation space to support startup companies, facilitating the creation of 90+ companies, and generating $333 million in university revenue from licensing and industry collaborations. Johns Hopkins University startups have raised over $2.7 billion in venture capital during her tenure. Christy is a fierce advocate for the future of Baltimore and the role that Johns Hopkins University can play in populating the city skyline with companies borne, built and grown locally.
On this episode of Super Cities, I do a deep dive with Christy Wyskiel, a Senior Advisor to the President of Johns Hopkins University and the head of Johns Hopkins Technology Ventures. We cover Hopkins integrated approach to entrepreneurship, why Baltimore is a great place to start and grow a business, and how technology moves from the lab to the market. Let’s hear from Christy.
Christy Wyskiel discusses her efforts to drive the startup ecosystem at Johns Hopkins, from encouraging student education about entrepreneurship to getting funding for tech companies founded by academics.
Today, a conversation about cultivating start-up businesses in Baltimore. What does it take in terms of money and people to bring an idea for a new product or service to the market? A recent survey of cities with the most start-up activity ranked Baltimore near the bottom. Cities like San Francisco and New Yok continue to attract young entrepreneurs. How can we get them to bring their talent here? Tom's three guests today help us answer those questions, from a variety of perspectives:Christy Wyskiel runs the Johns Hopkins University Technology Ventures program. She's also senior advisor to The Johns Hopkins University President, Ronald Daniels. Josh Russakis directs the Baltimore office of Venture for America, a two-year salaried fellowship program that matches recent college graduates with local start-ups. Floyd Jones is a fellow in that program, who's working with a start-up youth-sports organization in Baltimore called VoloCity and the VoloCity Kids Foundation.
Christy Wyskiel, Senior Advisor to the President at Johns Hopkins University chats with host Rich Bendis for this episode of BioTalk. They discuss Tech Transfer, Innovation, Investment, Partnerships, Collaborations, and other important areas that she and JHU work on every day.
How do you keep brilliant researchers who come up with great ideas from taking their successful startups to Silicon Valley or Cambridge, Mass.? Since 2012, companies founded on Johns Hopkins technology have raised about $1.1 billion in funding, but about 85 percent of them are no longer in Maryland. Incubating tech and bio-tech startups and retaining them in Baltimore is a mission of Hopkins at its new FastForward 1812 lab space in the university’s sprawling medical campus. Christy Wyskiel, special adviser on commercial investment to the JHU president, talks about building a solid business infrastructure for new companies — and about an effort to support social innovation that benefits Hopkins’ neighbors in East Baltimore.Links:http://www.baltimoresun.com/business/bs-bz-hopkins-incubator-20170407-story.html