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Missouri universities earn $16 million in royalties

JEFFERSON CITY | The Missouri Department of Higher Education says the University of Missouri system and the private Washington University in St. Louis earned more than $16 million in royalties and license fees last year.

The University of Missouri system has campuses in Columbia, Kansas City, Rolla and St. Louis. The four schools combined to earn $10.4 million in royalties and 48 patent applications.

Washington University generated $6.3 million and 106 patent applications.

The state department says universities across the country earned $1.8 billion.

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