{"id":2454,"date":"2024-09-05T14:22:38","date_gmt":"2024-09-05T18:22:38","guid":{"rendered":"https:\/\/numbers.otc.duke.edu\/2024-report\/?page_id=2454"},"modified":"2024-09-10T13:34:46","modified_gmt":"2024-09-10T17:34:46","slug":"home-2024","status":"publish","type":"page","link":"https:\/\/numbers.otc.duke.edu\/2024-report\/","title":{"rendered":"Home 2024"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\"><p>[vc_row css=&#8221;.vc_custom_1535522109481{background-color: #383838 !important;}&#8221; el_class=&#8221;main-heading&#8221;][vc_column css=&#8221;.vc_custom_1535525509169{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h1 style=\"text-align: center;\"><strong>FY24 ANNUAL REPORT<\/strong><\/h1>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row equal_height=&#8221;yes&#8221; el_class=&#8221;sections&#8221; css=&#8221;.vc_custom_1633059030031{margin-bottom: 50px !important;}&#8221;][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1696515636278{padding-top: 0px !important;padding-right: 25px !important;padding-bottom: 0px !important;padding-left: 0px !important;}&#8221; el_class=&#8221;simple-content-box green-box&#8221;][vc_row_inner el_class=&#8221;simple-content-box&#8221; css=&#8221;.vc_custom_1535531544489{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-color: #a1b70d !important;}&#8221;][vc_column_inner][vc_column_text css=&#8221;&#8221; el_class=&#8221;heading1&#8243;]<\/p>\n<h2 style=\"text-align: center; font-size: 5.0em;\">$82.6M<\/h2>\n<h4 style=\"text-align: center;\">IN REVENUE<\/h4>\n<p>[\/vc_column_text][vc_single_image image=&#8221;64&#8243; el_class=&#8221;left-center&#8221;][vc_column_text css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;heading&#8221;]<\/p>\n<p style=\"text-align: center;\">Inventions bring millions back to Duke inventors, labs, departments, and schools.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;See More Numbers&#8221; css_animation=&#8221;fadeInUp&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fnumbers.otc.duke.edu\/2024-report%2Fby-the-numbers%2F|||&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;2\/3&#8243; css=&#8221;.vc_custom_1696515701771{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 25px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_row_inner el_class=&#8221;content-overlay-box blue-overlay&#8221; css=&#8221;.vc_custom_1725565976529{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-image: url(https:\/\/numbers.otc.duke.edu\/2024-report\/wp-content\/uploads\/sites\/9\/2024\/09\/2.-TSUW.png?id=2495) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column_inner][vc_single_image image=&#8221;118&#8243; css_animation=&#8221;none&#8221; el_class=&#8221;top-center&#8221;][vc_column_text css_animation=&#8221;none&#8221; css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">A new workshop for academic entrepreneurs<\/h2>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221;]<\/p>\n<p style=\"text-align: center;\">Duke New Ventures and counterparts across the Triangle host a three-day workshop for aspiring academic entrepreneurs.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;READ THE STORY&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fotc.duke.edu%2Fnews%2Ftriangle-universities-startup-workshop-academic-entrepreneurs-get-an-intensive-course-in-venture%2F|title:READ%20THE%20STORY|target:_blank&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row el_class=&#8221;second-section&#8221; css=&#8221;.vc_custom_1725561229165{margin-bottom: 50px !important;background-image: url(https:\/\/numbers.otc.duke.edu\/2024-report\/wp-content\/uploads\/sites\/9\/2024\/09\/OTC-centennial-timeline-at-Trent-Semans-copy-1.png?id=2547) !important;}&#8221;][vc_column css=&#8221;.vc_custom_1725566728001{background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;content-overlay-box sky-blue-overlay teal-box-transparent&#8221;][vc_single_image image=&#8221;2561&#8243; css=&#8221;&#8221; el_class=&#8221;right-center&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">100 years of Duke inventions<\/h2>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221;]<\/p>\n<p style=\"text-align: center;\">As part of the Centennial celebrations, OTC has a digital and traveling physical exhibit showcasing Duke innovations.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;SEE THE TIMELINE&#8221; align=&#8221;center&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fotc.duke.edu%2Fnews%2Fduke-is-inventive-a-century-of-innovation-at-duke-university%2F|title:SEE%20THE%20TIMELINE|target:_blank&#8221;][\/vc_column][\/vc_row][vc_row equal_height=&#8221;yes&#8221; el_class=&#8221;sections column-3&#8243; css=&#8221;.vc_custom_1633059060541{margin-bottom: 50px !important;}&#8221;][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1535534529120{padding-top: 0px !important;padding-right: 25px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_row_inner el_class=&#8221;content-overlay-box blue-overlay small-text&#8221; css=&#8221;.vc_custom_1725465087664{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column_inner][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">$1.2M invested through OTC&#8217;s translational fund<\/h2>\n<p>[\/vc_column_text][vc_single_image image=&#8221;2553&#8243; img_size=&#8221;&#8221; css=&#8221;&#8221; el_class=&#8221;center&#8221;][vc_btn title=&#8221;LEARN MORE ABOUT THE FUND&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fotc.duke.edu%2Fgilhuly-accelerator-fund%2F|title:LEARN%20MORE%20ABOUT%20THE%20FUND|target:_blank&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1725563108413{padding-top: 0px !important;padding-right: 25px !important;padding-bottom: 0px !important;padding-left: 25px !important;}&#8221;][vc_row_inner el_class=&#8221;content-overlay-box blue-overlay small-text&#8221; css=&#8221;.vc_custom_1725465168668{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column_inner][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">6 new start-ups with Duke IP<\/h2>\n<p>[\/vc_column_text][vc_single_image image=&#8221;2555&#8243; img_size=&#8221;&#8221; alignment=&#8221;center&#8221; css=&#8221;&#8221;][vc_btn title=&#8221;SEE OUR START-UPS&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fnumbers.otc.duke.edu\/2024-report%2Fstart-ups%2F|title:SEE%20OUR%20START-UPS|target:_blank&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1535535006456{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 25px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_row_inner el_class=&#8221;content-overlay-box blue-overlay small-text&#8221; css=&#8221;.vc_custom_1725465168668{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column_inner][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">$12.3M invested in Duke-affiliated start-ups<\/h2>\n<p>[\/vc_column_text][vc_single_image image=&#8221;2557&#8243; img_size=&#8221;&#8221; css=&#8221;&#8221;][vc_btn title=&#8221;SEE MORE DCP STATS&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fdukecapitalpartners.duke.edu%2Fby-the-numbers%2F|title:SEE%20MORE%20DCP%20STATS|target:_blank&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1725561645139{margin-bottom: 50px !important;background: #141f4a url(https:\/\/numbers.otc.duke.edu\/2024-report\/wp-content\/uploads\/sites\/9\/2024\/09\/invented-duke.2022.0085.jpeg?id=2548) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;content-overlay-box blue-overlay-full&#8221;][vc_column][vc_column_text css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\"><em>November 20th, 2024<\/em><br \/>\n6th Annual Invented at Duke Celebration<\/h2>\n<p>Duke\u2019s Office for Translation &amp; Commercialization invites you to Invented at Duke 2024, the annual celebration and showcase of Duke inventors and inventions \u2013 this year, with a Centennial flair and featured speaker FDA Commissioner Dr. Robert Califf. It will be held 4:30-7PM at the Penn Pavilion on Duke campus.<\/p>\n<p>This event will feature inventors with booths, resource tables, drinks and hors d\u2019oeuvres, gifts for Duke inventors who register and attend, as well as brief remarks from President Price and OTC head Robin Rasor. We hope to see you there![\/vc_column_text][vc_single_image image=&#8221;2561&#8243; css=&#8221;&#8221; el_class=&#8221;left-center&#8221;][vc_btn title=&#8221;FREE RSVP&#8221; align=&#8221;center&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Finventedatduke2024.eventbrite.com%2F|title:Invented%20At%20Duke%202024|target:_blank&#8221;][\/vc_column][\/vc_row][vc_row equal_height=&#8221;yes&#8221; el_class=&#8221;sections&#8221; css=&#8221;.vc_custom_1633059079317{margin-bottom: 50px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243; el_class=&#8221;simple-content-box green-box&#8221; css=&#8221;.vc_custom_1537299972662{padding-top: 0px !important;padding-right: 25px !important;padding-bottom: 0px !important;padding-left: 0px !important;}&#8221;][vc_row_inner el_class=&#8221;simple-content-box&#8221; css=&#8221;.vc_custom_1535540084326{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-color: #a1b70d !important;}&#8221;][vc_column_inner][vc_single_image image=&#8221;64&#8243; alignment=&#8221;right&#8221; el_class=&#8221;left-center&#8221;][vc_column_text css=&#8221;&#8221; el_id=&#8221;heading3&#8243;]<\/p>\n<h2 style=\"text-align: center;\">302<\/h2>\n<h4 style=\"text-align: center;\">INVENTIONS DISCLOSED<\/h4>\n<p style=\"text-align: center;\">The pipeline for commercialization begins here.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;See More Numbers&#8221; css_animation=&#8221;fadeInUp&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fnumbers.otc.duke.edu\/2024-report%2Fby-the-numbers%2F|||&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1537299948245{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 25px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;teal-box-transparent&#8221;][vc_row_inner el_class=&#8221;content-overlay-box sky-blue-overlay&#8221; css=&#8221;.vc_custom_1725561955806{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-image: url(https:\/\/numbers.otc.duke.edu\/2024-report\/wp-content\/uploads\/sites\/9\/2024\/09\/TVD-pic-2.jpg?id=2551) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column_inner][vc_single_image image=&#8221;45&#8243; el_class=&#8221;right-center&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">Triangle Venture Day showcases therapeutic start-ups<\/h2>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221;]<\/p>\n<p style=\"text-align: center;\">This year in a new venue, TVD continues to grow as a premier VC event in the Southeast.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;READ THE RECAP&#8221; align=&#8221;center&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fotc.duke.edu%2Fnews%2Fsetting-rivalries-aside-university-startups-come-together-to-pitch-50-elite-investors-at-triangle-venture-day-therapeutics-2023%2F|title:READ%20THE%20RECAP|target:_blank&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row equal_height=&#8221;yes&#8221; el_class=&#8221;sections column-3&#8243; css=&#8221;.vc_custom_1633059110444{margin-bottom: 50px !important;}&#8221;][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1537299962543{padding-top: 0px !important;padding-right: 25px !important;padding-bottom: 0px !important;padding-left: 0px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;teal-box-transparent&#8221;][vc_row_inner css=&#8221;.vc_custom_1725465407017{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;content-overlay-box sky-blue-overlay small-text&#8221;][vc_column_inner][vc_single_image image=&#8221;45&#8243; css=&#8221;&#8221; el_class=&#8221;top-center&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">3 Duke start-ups acquired<\/h2>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221;]<\/p>\n<p style=\"text-align: center;\">Infinia ML, DaVinci Education, and Tyrata were all acquired in FY24.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;READ IN STORIES TAB&#8221; align=&#8221;center&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fnumbers.otc.duke.edu\/2024-report%2Fstories|title:READ%20IN%20STORIES%20TAB|target:_blank&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1535541212485{padding-top: 0px !important;padding-right: 25px !important;padding-bottom: 0px !important;padding-left: 25px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_row_inner el_class=&#8221;content-overlay-box blue-overlay small-text&#8221; css=&#8221;.vc_custom_1725561849834{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-image: url(https:\/\/numbers.otc.duke.edu\/2024-report\/wp-content\/uploads\/sites\/9\/2024\/09\/IMG_6318-Large.jpeg?id=2550) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column_inner][vc_single_image image=&#8221;118&#8243; el_class=&#8221;top-center&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">Profile: Stefan Roberts and inSoma Bio<\/h2>\n<p style=\"text-align: center;\">Learn how the Duke community is helping BME Ph.D. graduate Stefan Roberts and his start-up inSoma Bio.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;EXPLORE STEFAN\u2019S JOURNEY&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221; el_class=&#8221;read-more&#8221; link=&#8221;url:https%3A%2F%2Fotc.duke.edu%2Fnews%2Fhow-stefan-roberts-and-insoma-bio-are-upgrading-fat-grafting-with-duke-technology-and-support%2F|title:EXPLORE%20STEFAN%E2%80%99S%20JOURNEY|target:_blank&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1537299954630{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 25px !important;}&#8221; el_class=&#8221;green-box&#8221;][vc_row_inner css=&#8221;.vc_custom_1725562254986{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;background-color: #a1b70d !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;content-overlay-box small-text&#8221;][vc_column_inner][vc_single_image image=&#8221;45&#8243; css=&#8221;&#8221; el_class=&#8221;top-center&#8221;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h2 style=\"text-align: center;\">$450M+ raised by Duke start-ups<\/h2>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;fadeInUp&#8221; css=&#8221;&#8221;]<\/p>\n<p style=\"text-align: center;\">restor3d, Basking Biosciences, Neurophos, and other Duke start-ups closed big rounds in a difficult market.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;HIGHLIGHTS IN STORIES TAB&#8221; 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