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1.B.1:
ATP's Investment Return to the Nation |
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An Overall Look at
Our Completed Projects*
ATP Delivers a High
Return to the Nation
- The projected
economic impact of a handful of early ATP projects would
pay for every ATP project funded since 1990.
- New prosthesis
technology for repairing damaged knee ligaments is expected
to deliver $15B in net benefits, attributable to ATP,
measured using a "quality-adjusted-life-years" index
for patients receiving this treatment (Tissue Engineering).
- New biocompatible
polymers for cartilage repair deliver $98M in estimated
benefits, attributable to ATP, for avoidance of second
surgeries to remove implants, such as pins and screws
(Integra
LifeSciences).
- New stem
cell replication technology is estimated to produce $47M
in cost savings alone, attributable to ATP, by providing
bone marrow transplants (Aastrom
Biosciences).
Some Basic Stats for
129 Completed Projects
ATP Promotes Collaboration
- Over
85 percent of ATP projects are engaged in collaborative
arrangements, with other companies, universities, federal
laboratories, and non-profit institutions.
ATP Funds Challenging
and Important Technologies
- 13 percent
of projects received technical achievement awards from Industry
Week magazine, Discovery magazine, R&D magazine, Computerworld magazine,
and others.
ATP Generates New
Knowledge
- Over
half of ATP projects file for patents.
- Half
of ATP projects are granted patents.
- Of those projects
receiving patents, almost 80 percent receive two or more
patents each.
ATP Disseminates New
Knowledge and Information
- Participants
in almost two out of three projects published and presented
papers in technical and professional journals.
- More
than 60% placed commercial products or processes in the
marketplace, providing others with opportunity to collect
information on the new technologies.
Factsheet 1.B1
(February 2005 by Lee Bowes) |
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