Introduction to technology transfer agreements in the Life Sciences industry
Produced in partnership with Thomas Bjorn
Introduction to technology transfer agreements in the Life Sciences industry

The following Life Sciences practice note Produced in partnership with Thomas Bjorn provides comprehensive and up to date legal information covering:

  • Introduction to technology transfer agreements in the Life Sciences industry
  • What is a technology transfer agreement?
  • What is technology transfer?
  • Technology assignments
  • Licensing technology
  • Confidentiality Agreements

What is a technology transfer agreement?

The term ‘technology transfer agreement’ is used as an umbrella term for a multitude of different types of agreements intended to cover the process of transferring the ownership or the right of use of a particular technology from one party to another.

Technology transfer agreements are vital instruments for ensuring the effective exploitation of existing technologies and for ensuring that new ones are developed through the collaboration between the different academic and commercial organisations in the life science sector.

This Practice Note looks at technology transfer agreements with a particular view to the type of additional provisions that would be of importance to the life science industries.

Many life science products are protectable under the patent system. Examples include biological materials, methods of their production, and therapeutic uses thereof. Given the significant expense of developing life science products and in particular therapeutics, patent protection in the Life sciences industry is of particular importance. Granted patents provide proprietors with an exclusive monopoly to recover costs associated with research and development, and are typically a requirement to secure financial investment.

What is technology transfer?

Technology transfer is the process of transferring technology from one party to another, either for the purpose of transferring the full ownership to the technology as in the case of an assignment of a patent or for the purpose of transferring a

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