In-House Research and Development definition
In-House Research and Development means efforts by NanoAxis, or QMC contracted employees, agents, and contractors not Affiliates of Quantum Materials to obtain new knowledge, improved products, processes, systems, or services regarding biomedical nanotechnology, biomaterials and the general life sciences.
Examples of In-House Research and Development in a sentence
The Parties agree that any and all proprietary rights, including but not limited to Intellectual Property Rights or improvement technology rights as a result of NanoAxis In-House Research and Development shall remain in NanoAxis and not Quantum Materials.
The Company’s In-House Research and Development team strives for best technology- based sustainable product innovations, with efficient product lifecycle, including design, development and manufacturing process.