Research tool patents typically claim methods or compositions used while performing research through the use of: computer software, databases, cell lines and transgenic mice, just to name a few. Your university has a vast inventory of resources that can be considered research tools – and these tools have significant licensing potential.
But for many university tech transfer programs, much of that potential is left untapped, largely because the most lucrative licensing models are also the most challenging in terms of both agreement structure and negotiation.
Reach-through royalties are the holy grail for research tool patents, but there are many challenges that can derail your licensing efforts, and the post-license demands are also significant. Yet the rewards can be well worth the effort.
To help ensure you get maximum value from your research tool assets, Technology Transfer Tactics has partnered with attorney and licensing specialist Joe Runge for this detailed webinar:
Licensing Research Tools:
Maximizing Revenues While Combating Legal Risk
Order today and you will hear Mr. Runge discuss:
- The many challenges to commercializing research tools, including:
- Identification: Find valuable research tools on your campus
- Consolidation of title: How to make sure that you have or can get full ownership of commercial rights
- Protection: Know the best way to protect a research tool on a TTO’s budget
- Marketing: Find paying customers for your research tools
- License drafting techniques:
- Flat fee or milestone payments: Which is best suited for your research tools?
- Drafting reach-through royalty terms: How to steer clear of patent misuse claims
- And much more…
Meet Your Program Leader:
Joe Runge is a Licensing Specialist at UNeMed and director of business development. Joe received his law degree from the University of Iowa, where he also received a master’s degree in molecular biology. Joe is a registered patent lawyer and registered to practice law in the state of Nebraska. He has lectured on bioentrepneurship, intellectual property and regulatory law and writes regularly for a number of websites. At UNeMed, Joe is involved with all facets of technology transfer: invention evaluation, technology marketing, intellectual property strategy, license negotiation and license enforcement. In addition, Joe collaborates with faculty to create and develop new intellectual property. In addition to his work at UNeMed, Joe sits on the state SBIR/STTR advisory board, served as a mentor to multiple start-up accelerators, and is actively involved with the technology start-up ecosystem in Omaha and Nebraska.