London, UK (Scicasts) - Technology commercialization is a lengthy process. It takes on average 12 years to bring a drug to market and approximately 17 years to integrate a scientific discovery into physician practice.
Meanwhile, an average length of a research grant is 5 years. Sooner or later, there comes a point when a discovery needs to be picked up by an industry partner who will turn the knowledge into a product and bring it to marke