The University of Arizona says its technology commercialization arm hit all of its goals in its second full fiscal year of operations, including logging more than 200 faculty invention disclosures and forming 12 startup licensee companies.

Tech Launch Arizona (TLA) also topped the prior year’s results in patents filed and issued, exclusive license and option agreements, and license royalties, in the recently ended 2015 fiscal year, the UA said.

Image: Paul Tumarkin / Tech Launch Arizona