Intellectual capital in the life sciences
The most conventional model for commercialising intellectual property in the life sciences sector is licensing or cross-licensing. We have experience with critical commercial issues such as:
• appropriate licensed fields, performance obligations,
bases for calculating royalties, industry-typical and
product specific royalty rates;
• milestone payments – both for development, product
launch and post-launch;
• provisions addressing compounding royalties
(“anti-stacking”); and
• steps to mitigate against the insolvency of the
counter-party - a critical issue in the current environment.