Warren's Forms of Agreements FORM 74.2.02 COMPREHENSIVE BIOTECH PATENT LICENSE FOR NEW DRUG DEVELOPMENTExclusive License Agreement • September 9th, 2020
Contract Type FiledSeptember 9th, 2020Description: A licensor may grant either exclusive or non-exclusive rights to a biotech patent. In some cases, a licensor may also seek to license exclusive rights to a particular field of use or licensed product in which the patent rights may be used. For example, a licensor may license exclusive rights to a particular patent right to one licensee for development of drugs to treat diseases relating to the stomach, and may license exclusive rights to the same patent right to another licensee for development of drugs to treat diseases relating to the liver. This form is an exclusive license agreements dealing with new drug development. EXCLUSIVE LICENSE AGREEMENT THIS EXCLUSIVE LICENSE AGREEMENT (this "Agreement") is made and entered into as of ____________________, 20_____ (the "Effective Date") by and between ___________________, a ___________________ with a principal place of business at ___________________ ("Licensee") and ___________________, a ___________________ with a pr