1 / 33

Key Terms for Robust Patent Licensing and Collaborations

Key Terms for Robust Patent Licensing and Collaborations. Susie Middlemiss 21 January 2010. Licensing Strategy: when and why. Revenue Technology Freedom to operate. Due diligence. Exclusive v non-exclusive Scope of portfolio Cost v certainty. Key terms. Scope

hallanita
Télécharger la présentation

Key Terms for Robust Patent Licensing and Collaborations

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TP100180024 Key Terms for Robust Patent Licensing and Collaborations Susie Middlemiss 21 January 2010

  2. TP100180024 Licensing Strategy: when and why • Revenue • Technology • Freedom to operate

  3. TP100180024 Due diligence • Exclusive v non-exclusive • Scope of portfolio • Cost v certainty

  4. TP100180024 Key terms • Scope • Improvements and IP issues • Payment • Contracting party • Liability • Term

  5. TP100180024 Scope • Subject matter • Field of use • Exclusivity • Territory

  6. TP100180024 Subject matter • IP definitions • Options

  7. TP100180024 Field of Use • Acts licensed v acts within claims

  8. TP100180024 Exclusivity • Sole v exclusive • The crown jewels • Automatic legal rights

  9. TP100180024 Territory • Link to IPRs • Extraterritorial restrictions • Know-how

  10. TP100180024 IP issues • Improvements: legal effect of joint ownership • Licence or assignment? • Maintenance of IP • No challenge • Enforcement of IP • conduct • admissions • settlement

  11. TP100180024 Payment • Upfront • Milestone • Royalties • Royalty stacking • Minimums • Failure to meet milestones

  12. TP100180024 Contracting Party • Correct parties? • Sublicensing: • notice • consent • direct contract • Assignment • Change of control

  13. TP100180024 Liability • Warranties • authority • owns right • no conflicting rights • no infringement • Indemnities • Caps and limitations

  14. TP100180024 Licensee obligations • Commercial targets • product approval • sales • Not damaging IP • Records

  15. TP100180024 Licensor obligations • Technology transfer • Maintenance of the IP

  16. TP100180024 Term and termination • Certainty v flexibility • Life of the patents • Confidentiality of knowhow • Insolvency • Material breach • Change of control • On notice

  17. TP100180024 Dispute resolution / governing law • The ideal dispute resolution clause • Arbitration • Enforcement of judgment • Same forum and governing law • Interim relief • Levels of escalation • Mediation • Expert determination

  18. TP100180024 Other • Confidentiality • Force majeure • Variation of agreement

  19. TP100180024 Collaborations • Additional issues

  20. TP100180024 Strategy for collaborations • Resources • Synergies • IP development • Cost control • Revenue generation

  21. TP100180024 Key additional clauses • Project management and control • Goals • IPR's • Payment • Exclusivity • Confidentiality

  22. TP100180024 Project management and control • Project management team • Balance of power • Specific personnel

  23. TP100180024 Goals • Project plan • Flexibility v certainty

  24. TP100180024 IPRs • Background IPR's • Foreground IPR's

  25. TP100180024 Payment • Funding R&D • Upfront payments • Milestones • Royalties

  26. TP100180024 Exclusivity • Definition of the field • Competition issues • Rejected compounds

  27. TP100180024 Confidentiality • Patent filings • Know-how • Publication

  28. TP100180024 Term • Negotiate terms for full relationship • early stage assessment • R&D • collaboration and trials

  29. TP100180024 Termination • Is fault relevant? • Who can exploit? • In what field? • What happens to existing IPR? • Know-how and clinical data? • Do sublicences continue? • Restrictive covenants/non-solicitation covenants

  30. TP100180024 Competition issues • Restrictions of IPR can affect EU trade • Article 81(3) exception: • benefits outweigh anti-competitive effects • R&D block exemption • Technology transfer block exemption

  31. TP100180024 3 Steps • Are the parties competitors or not? • What are their market shares? ≤ 20% competitors ≤ 30% non-competitors • Are problem clauses included? • hard core or excluded restrictions

  32. TP100180024 Key Terms for Robust Patent Licensing and Collaborations Susie Middlemiss 21 January 2010

  33. TP100180024 Susie Middlemiss • Direct Tel: 020 7090 4038 • Email: susie.middlemiss@slaughterandmay.com • One Bunhill Row • London EC1Y 8YY

More Related