U-M signs record number of licenses for startups

(WJBK) - The University of Michigan is boasting about its tech department, and with good reason.

The school has signed a record 173 licenses for startup companies.

This year's startups include ViewPoint Therapeutics, which has developed a potential eye-drop therapy for cataracts; Intelligent Vision Systems, which has created an ice-detection system for vehicles and planes; and Movellus, a company working to engineer semiconductors for cloud computing.