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Oklahoma business briefs for June 12, 2013

Oklahoma business briefs for June 12
Published: June 12, 2013

Oklahoma briefs

OSU sets record for royalties

STILLWATER — Royalties at Oklahoma State University topped $2 million in fiscal year 2012 for the first time. The royalties are generated by the use of university-developed technologies that are licensed to startup or existing companies. “It is definitely a milestone,” said Stephen McKeever, OSU's vice president for research and technology transfer. Topping the list of royalty-generators is a probiotic administered to the nation's dairy and feedlot cattle. Developed at OSU, the bacteria used in this direct-fed microbial help maintain the proper balance of microflora in the animals' gastrointestinal tracts. Other leading royalty-earners include a group of wheat varieties developed by OSU's Wheat Improvement Team and licensed to Oklahoma Genetics Inc., and a method for measuring radiation exposure used in 25 percent of the world's radiation badges.

Yukon company plans gala

YUKON — Friends of Yukon's Best Inc. will host a celebration and relighting ceremony on June 28 in honor of the completion of the Yukon's Best Flour sign. The Milling Around Celebration will be at 10 W Main in Yukon and will feature live music beginning at 7:30 p.m. The free public event will have activities for kids. Mill merchandise will be available for purchase. Silent auction of letters from the old mill sign will begin at 7:30 p.m. and end at 9 p.m. A live auction will begin at 9 p.m. before the relighting ceremony at 9:30 p.m.

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