[markgall]

As others have said, very common. A famous example is Lyrica, which made an enormous amount of money for Northwestern, probably around $1 billion dollars. It played a not-insignificant role in the university's rise in the last 10-20 years.

Universities love this and encourage it. Any big place will have an office of "technology transfer" or similar to help researchers make this happen.

[an0malous]

The best part for NU is they didn’t even have to pay for the research, it was publicly funded:

> Pregabalin was discovered largely on the basis of publicly funded research at Northwestern University

https://pubmed.ncbi.nlm.nih.gov/34493615/