EXCLUSIVE PATENT AND KNOW-HOW LICENSE AGREEMENT – LIFE SCIENCES TECHNOLOGYExclusive Patent And • December 2nd, 2017 • New Jersey
Contract Type FiledDecember 2nd, 2017 JurisdictionClause Annotation [1] This agreement example concerns a life sciences technology license wherein the licensor is licensing its patent rights and know-how for a drug candidate and the technology surrounding this drug candidate. The agreement is largely preferential to the licensee, while there are handful of provisions favor the licensor. Note that this agreement structure is common for transactions where a life sciences start-up is looking to out-license a drug program to Big Pharma. Under thesedeal structures, savvy start-ups understand and expect that if the API (active pharmaceutical ingredient) generates favorable clinical results, Big Pharma will often acquire thestart-up or look to renegotiate the agreement to avoid or limit royalties. This Agreement (this “Agreement”) is effective as of , 2016, (the “Effective Date”) and is entered into by and between Licensee, a corporation organized and existing under the laws of (“Licensor”), and Licensee, a corporation organized and existi
EXCLUSIVE PATENT AND KNOW-HOW LICENSE AGREEMENT – LIFE SCIENCES TECHNOLOGY by and between Licensee and LicensorExclusive Patent And • October 30th, 2017 • New Jersey
Contract Type FiledOctober 30th, 2017 JurisdictionThis Agreement (this “Agreement”) is effective as of ________ __, 2016, (the “Effective Date”) and is entered into by and between Licensee, a corporation organized and existing under the laws of _________________ (“Licensor”), and Licensee, a corporation organized and existing under the laws of _______________________ (“Licensee”).