Robert Holton, a professor at Florida State University, is suing the IHE, claiming that it has failed to fulfill its promise to build a new research laboratory
J.M. AngeloRobert Holton, a professor at Florida State University, is suing the IHE, claiming that it has failed to fulfill its promise to build a new research laboratory. Holton, who created an invention used by pharmaceutical company Bristol-Myers Squibb to help produce an anti-cancer drug, has been credited with bringing $210 million in licensing revenue to FSU. Holton says he has personally turned over a portion of his own licensing revenue to FSU. For its part, the university had agreed to use one-quarter of the licensing revenue it has made on his invention to build a laboratory for synthetic chemistry. Since agreeing to the terms, FSU President T.K. Wetherell has said that Holton's specifications for the new building have made it too costly and that the university would be better off with a new facility that would benefit the entire chemistry department, not just a select group of researchers.
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