Common Contracts

EXCLUSIVE PATENT AND KNOW-HOW LICENSE AGREEMENT – LIFE SCIENCES TECHNOLOGY

Exclusive Patent And • December 2nd, 2017 • New Jersey

• Contract Type
  Exclusive Patent And
• Filed
  December 2nd, 2017
• Jurisdiction
  New Jersey

Clause 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 Licensor

Exclusive Patent And • October 30th, 2017 • New Jersey

• Contract Type
  Exclusive Patent And
• Filed
  October 30th, 2017
• Jurisdiction
  New Jersey

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 existing under the laws of _______________________ (“Licensee”).