ASU moves up in global patent ranking

ASU ranks 38th among worldwide institutions in earning utility patents, according to the National Academy of Inventors and the Intellectual Property Owners Association. The research institution had 55 patents in fiscal year 2015 and moved up from 40th place in the previous year’s ranking. Ninety six companies have been launched based on ASU innovations, and more than $600 million has been raised, including a record $96 million in fiscal year 2016.