According to Reuters' most recent assessment, Tufts ranks no. 34 in its list of the World's Most Innovative Universities. Using an array of ten different metrics considering elements such as institutions' value of basic research as well as intellectual property worth protecting, the analysis team compared factors from the universities' generation of research papers to the number of patents filed.
Here's what Reuters had to say:
Tufts College was founded in 1852 by members of the Universalist church, and received financial support from entertainment and circus entrepreneur P. T. Barnum. Today it is a private, nonsectarian research university with campuses in Boston, Medford/Somerville, Grafton, and Talloires, France. Tufts' Office for Technology Transfer and Industry Collaboration collected $74 million in revenue from fiscal 2001 to 2015, according to the university. In fiscal 2015, the office reported 53 invention disclosures, filed 76 U.S. patent applications, received 25 U.S. patents, executed 13 licenses/options and launched five startups. Cocoon Biotech, cofounded by the chair of Tuft's Department of Biomedical Engineering, is developing innovative therapeutics for osteoarthritis using silk protein. Another biotech firm, GliaCure, licensed a promising Alzheimer's treatment developed at Tufts, and closed a $5.8 million round of funding in July 2014. (Tufts University is tied with Vanderbilt University for #34 on the Reuters Top 100.)