October 18, 2017 12:06 PM ET

Professional Services

Company Overview of Fraunhofer USA, Inc.

Company Overview

Fraunhofer USA, Inc. operates as a non-profit applied research organization. The company operates laboratories in sustainable energy, biotechnology, computer security, manufacturing innovation, laser technology, and industrial coatings sectors. It caters to federal and state governments, multinational corporations, and medium-sized companies. The company was founded in 1994 and is based in Plymouth, Michigan. Fraunhofer USA, Inc. operates as a subsidiary of Fraunhofer-Gesellschaft zur Förderung der angewandten Forschung e.V.

44792 Helm Street

Plymouth, MI 48170

United States

Founded in 1994

Phone:

734-354-9700

Fax:

734-354-9711

Key Executives for Fraunhofer USA, Inc.

Division General Manager
Compensation as of Fiscal Year 2017.

Fraunhofer USA, Inc. Key Developments

iBio, Inc. Claims against Fraunhofer USA, Inc. Affirmed by Delaware Chancery Court

iBio, Inc. announced that the Delaware Court of Chancery, where litigation brought by iBio against Fraunhofer USA Inc. has been pending, issued a decisive determination on July 29, 2016, in favor of iBio and against Fraunhofer. The Court affirmed iBio's exclusive ownership of all proprietary rights of any kind to technology in the area of plant-based technologies, techniques and methodologies, developed or acquired by Fraunhofer prior to or during the principal contractual period of iBio's engagement of Fraunhofer, which began in 2004 and continued until the end of calendar 2014. The Court specifically found that iBio is the exclusive owner of all such property and is entitled to have a technology transfer and assignment of all such property without the conditions Fraunhofer sought to impose. iBio engaged Fraunhofer's Center for Molecular Biotechnology in 2004 to act exclusively for iBio to advance iBio's interests in technology to use plants, including non-genetically modified plants, principally for expression, engineering, testing, production and validation of human vaccines, human antibodies, and human therapeutics, as well as veterinary, diagnostic, agricultural and industrial applications. When iBio discovered Fraunhofer acting for another company in iBio's exclusive field, iBio successfully caused that relationship to terminate through litigation. iBio then proceeded with litigation against Fraunhofer to obtain a judicial declaration of iBio's exclusive ownership rights and iBio's entitlement to full technology transfer and assignment of intellectual property from Fraunhofer. The July 29th decision of the Chancery Court achieves the results iBio sought. The Chancery litigation against Fraunhofer will now continue, unless settled by mutual agreement, with iBio pursuing implementation of the Court's rulings, including discovery of any uses Fraunhofer has made of iBio's property and appropriate remedies for all breaches and violations by Fraunhofer of iBio's rights.

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