All discoveries and patentable inventions resulting from the work of the foundation, or of any employe or person granted financial aid by the foundation, shall become the property of the foundation by assignment or other transfer from the discoverer or inventor. Each employee of the foundation or other person granted financial aid by the foundation shall be required to sign an agreement agreeing to assign and transfer to the foundation all of his right, title and interest in any development or patent acquired as a result of such employment or receipt of financial aid before being employed or granted such aid. All royalties or other income received from the use of any such patents or discoveries shall be paid to the foundation to be used for its general purposes.
62 P.S. § 1148