Brown Technology Innovations Annual Report—FY25
Discover how Brown University is advancing the life sciences. From breakthrough startups like Homer Therapeutics to the new Life Sciences Impact Awards, our FY25 Annual Report explores the strategy driving Rhode Island’s innovation ecosystem.
Brown Technology Innovations Annual Report—FY25
Discover how Brown University is advancing the life sciences. From breakthrough startups like Homer Therapeutics to the new Life Sciences Impact Awards, our FY25 Annual Report explores the strategy driving Rhode Island’s innovation ecosystem.
Leading the Life Science Revolution
Fiscal Year 2025 was a defining period for the Brown innovation ecosystem, marked by a significant surge in life science activity and commercial momentum. The landscape of our community is evolving—from the opening of state-of-the-art labs at Point 225 to the launch of companies like Homer Therapeutics and CareCrowd—as we steadily translate complex research into high-impact solutions. This progress is fueled by programs like the Brown Biomedical Innovation to Impact (BBII) fund and the newly established Life Sciences Impact Awards. By providing the critical early-stage support needed to bridge the gap between the lab and the bedside, we are building a world-class hub for innovation in Rhode Island and inviting industry leaders to partner in our mission of global impact.
Spotlight on Startups
Three startups launched in FY25—CareCrowd (healthcare data management), Ethylium Technologies (carbon reduction), and Homer Therapeutics (brain cancer treatment)—reflecting the diverse expertise and collaborative spirit found across Brown University and its affiliated research hospitals.
Founded by Dr. Joshua Kemp, CareCrowd is tackling the $5.8 billion healthcare data inaccuracy crisis by building the industry’s first user-driven provider directory. While traditional databases rely on antiquated, slow-moving processes, CareCrowd utilizes machine learning to automatically source and harmonize provider data from across the web in real-time. By leveraging the "network effect" of crowdsourcing—turning active user searches into verified data points—the platform ensures unparalleled accuracy and significantly improves patient access to care.
Ethylium Technologies focuses on industrial sustainability by developing advanced solutions for carbon reduction. Based on research from the labs of Andrew Peterson and Franklin Goldsmith, the startup uses a catalyst-free approach to convert methane into higher-order carbons, such as ethylene and hydrogen, in a single step. This process creates valuable bio-products while offering a scalable method to combat global emissions.
Homer Therapeutics is advancing the treatment of brain tumors through the epigenetic regulation of cancer cells. Founded by Dr. Nikos Tapinos and built upon research conducted at Brown University and Brown University Health, the company is specifically targeting HDAC-7 inhibition to develop a sophisticated range of both small molecule and RNA therapeutic approaches. These innovative treatments are designed to kill tumor cells, sensitize them to chemotherapy, and transform the overall cancer cell environment. Homer serves as a premier showcase for the cutting-edge research and innovation emerging from Brown’s RNA Center.
2024-2025: A Year in Numbers
These metrics track the journey of Brown’s research from the first spark of an idea (Disclosures) to legal protection (Patents) and finally to industry hand-offs (Licenses) for real-world impact.
Our FY25 results reflect a high-performing innovation pipeline. With 90 new disclosures and 21 patents issued, Brown continues to translate complex research into protected, licensable technologies at a consistent pace. This momentum is further validated by the execution of 52 Confidentiality Agreements, signaling high industry interest and a strong outlook for future commercial partnerships.
90
Disclosures
21
Patents Issued
52
Confidentiality Agreements
7
Options
13
Licenses
21
SRA
By the Quarter
| Disclosures | Patents Issued | Confidentiality Agreements | Options | Licenses | SRA | |
|---|---|---|---|---|---|---|
| Q1 | 18 | 6 | 11 | 3 | 4 | 3 |
| Q2 | 20 | 4 | 21 | 1 | 1 | 7 |
| Q3 | 21 | 6 | 10 | 0 | 2 | 8 |
| Q4 | 31 | 5 | 10 | 3 | 6 | 3 |
| FY25 | 90 | 21 | 52 | 7 | 13 | 21 |
2024 Innovation@Brown Showcase
The second annual Innovation@Brown Showcase featured 24 Brown-affiliated companies and presented awards for Innovation, Inventor, and Startup of the Year. Explore the full photo gallery.
2024 Innovation at Brown Showcase Award Winners
Kimani Toussaint: Pulse oximetry without skin tone bias
Kimani Toussaint, senior associate dean at the Brown University School of Engineering, is developing a novel Photoplethysmography (PPG) technique to eliminate racial bias in medical devices.
Conventional pulse oximeters often overestimate oxygen levels in patients with higher melanin levels, leaving them three times more likely to suffer from silent hypoxia. By leveraging optical polarization, Toussaint’s team provides more accurate blood oxygen estimates, ensuring equitable care for all skin tones.
The 2024 Inventor of the Year honors were shared by two prolific researchers:
- Wafik El-Deiry: Director of the Legorreta Cancer Center, El-Deiry is recognized for his extensive contributions to oncology, including new drug candidates, combination therapies, and prognostic biomarkers.
- Kimani Toussaint: Leader of the PROBE Lab, Toussaint specializes in nonlinear optical imaging and plasmonic nanostructures to quantitatively assess biological tissues and control matter with light.
Phinyx AI
Developed in George Karniadakis’s lab at Brown University, Phinyx AI leverages generative AI and scientific machine learning to solve complex, multi-physics engineering problems. By making advanced simulation tools accessible to all design teams—not just those with computational PhDs—the company empowers engineers to innovate faster in an increasingly digital landscape.
Brown Biomedical Innovations to Impact (BBII)
The Brown Biomedical Innovations to Impact (BBII) program accelerates the translation of faculty discoveries into high-impact clinical products. Since 2018, BBII has bridged the gap between lab research and commercialization through critical funding and strategic support. In FY25, four faculty inventors were awarded $100,000 BBII grants to advance their technologies. Additionally, a fifth project received the $250,000 Life Sciences Impact Award through the Brown Innovation Fund, a donor-established award supporting innovations with significant commercial potential. Read how these awards help faculty accelerate their research into new biomedical innovations and explore their research descriptions below.
Brown accelerator fund backs new malaria, Alzheimer’s and heart disease treatments
Five faculty members are one step closer to translating research into new biomedical innovations designed to improve patient care, thanks to hundreds of thousands of dollars awarded this year through the Brown Biomedical Innovations to Impact accelerator fund.
BTI on the Angel Nest Podcasts
The Angel Nest Podcast featured Brown faculty and BTI directors discussing the path to market, including Kimani Toussaint’s pulse oximetry and XM Therapeutics’ work in regenerative medicine.
News in Focus: Top Stories from FY25
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