Bulletin Summer 1989

royalties according to pre-determined proportions agreed to by the inventors. The 50% shared by the tertiary institution and H K I B is distributed i n accordance with each party's contribution to the project. Net royalties are defined as gross royalties and fees less 20% thereof for administrative costs, and the costs of patenting, protecting, and preserving patent rights, maintaining patent, the licensing of patents and related property rights, and such other costs, taxes, or reimbursements as may be necessary or required by law. I n case the j o i n t decision of the tertiary institution and HK I B is that no further development be pursued for a particular invention, the inventor can, according to the rules of his institution, take actions on his own for further development and commercialization through outside sources. The inventor w i ll then have to negotiate independently with the external source(s) concerned regarding costs, legal responsibilities, and rights to royalties. Professor Dominic Man-Kit Lam Director of HKIB Professor Dominic Ma n - K it L am was b o r n i n Swatow , China and received his early education in Hong Kong. He received his BSc in mathematics f r om Lakehead University in 1967, his MS i n theoretical physics from the Universit y of British Columbia in 1968 and his PhD in medical biophysics from the University of Toronto in 1970. Since 1972, Professor Lam has been on the faculty at Harvard Medical School and Baylor College of Medicine. Professor Lam has published more than 180 scientific papers and abstracts. His research interest and publications are mainly in the areas of molecular mechanisms underlying neuronal communication in general, and the processing of visual information in particular. For the past two decades, the vertebrate retina has been his model system for such studies. He has used a variety of techniques to determine the neurotransmitters used by identified retinal neurons. His current research activities focus on the use of transmitters and neuropeptides as physiological probes to study the organization and development of the retina. He joined the HK I B since its inception in 1988. Model of the Hong Kong Institute of Biotechnology Dr. Siu-Leung Lee Associate Director for Technology and Products Development, HKIB Dr. Siu-Leung Lee received his secondary e d u c a t i o n i n Queen's College in H o n g K o n g and obtained his BSc in b i o l og y f r om The Chinese University in 1969. He then studied biochemistry in Purdue University and received his PhD in 1974. Dr. Lee was a postdoctoral associate and then a research scientist in the Chemistry Department at Yale University from 1974 to 1977. He then joined Texas A & M University as a member of the chemistry graduate faculty, and taught undergraduate and graduate courses in organic chemistry, biochemistry and natural products while conducting research in natural products biosynthesis using cell-free enzymes from intact plants and tissue culture. In 1982, he joined Corning Glass Works, where he led a research group in applied enzymology to develop lipid biotechnology. Two years later in 1984, he joined Battelle Memorial Institute to establish a bioseparations laboratory for process development of downstream purification of proteins and natural products. He was also responsible for the marketing and assessment of separation technologies and natural products related programmes. Dr. Lee has published more than thirt y scientific papers and book chapters and holds a patent on the use of immobilized enzymes for synthesizing high-valued l i p i ds . He j o i n e d the Ho n g K o n g Institute of Biotechnology in May 1989.

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