Royalty Report: Medical, Device, Needles – Collection: 115097


Curated Royalty Rate Report
Created On: 2020-07-15, Record Count: 3


This collection of transactions and supporting information was developed using our AI algorithm to curate similar royalty reports into a cohesive collection to support your licensing, transfer pricing or other transaction scenarios where documented royalty rates and/or deal terms are important.
Created On: 2020-07-15
Record Count: 3

Primary Industries

  • Medical
  • Device
  • Needles
  • Safety
  • Diagnostic
  • Equipment

IPSCIO Report Record List

Below you will find the records curated into this collection.  This summary includes the complete licensed property description so that you can review and determine if this collection covers the topics, technology or transaction type that is relevant for your needs.  The full report will include all relevant deal data such as the royalty base, agreement date, term description, royalty rates and other deal terms.  For reference, here is a sample of a full IPSCIO curated royalty rate report: Sample Report

IPSCIO Record ID: 115097

License Grant
The Licensor, an individual, and Licensee amend the Licensing Agreement pertaining to a device, for the manufacture and marketing of the self-shielding needle.  The amendment eliminates the Minimum Payment Obligation as defined in the original agreement and modifies the royalty rate.
License Property
The medical device relates to the Safety Needle is now referred to as the Self-Shielding Needle.
Field of Use
The Licensee develops, acquires, manufactures and markets various bio-medical devices.

IPSCIO Record ID: 291148

License Grant
Licensor hereby grants to Licensee and its Affiliates a non-exclusive license, with the right to sublicense upon written approval of Licensor, which approval shall not be unreasonably withheld, under the Patents for the Technology to make, have made, develop, have developed, use offer to sell, sell, lease, transfer, import or otherwise dispose of the Products within the Field of Use in the Territory for the Term under the terms and conditions set forth herein.
License Property
Patents shall mean all patent applications filed in any country claiming benefit of the filing date of any of the patents, or applications and listed in hereunder, including all continuation, continuation-in-part, divisional, and renewal applications thereof, all patent applications and patents granted thereon, and all reissues, re-examinations and extensions thereof to the extent that they contain, or are amended to contain, a claim covering the Technology.

6,595,955 – Safety shield for medical needles
6,902,546 – Safety shield for medical needles

Technology shall mean a positioning member integral with a binding member having one or more binding surfaces, wherein the positioning member pushes against a needle and the binding member inclines by pushing of the positioning member when a portion of the retainer in contact with the needle is advanced past a distal end of the needle, as disclosed in the Patents. An example of the Technology is a leaf spring integral to the binding member for positioning the binding surfaces to secure a shield to the needle. Technology specifically excludes various embodiments of friction elements to cause inclination of a binding member into a binding position on a needle as disclosed in the Patents.

Products shall mean peripheral IV catheter products having the Technology that are covered by any Valid Claim of an issued or granted patent included in Patents, for each country in which such products are made, used or sold. Products shall mean only those component products of a collection of products that Licensee may manufacture, assemble and/or sell as a packaged product that, but for the license granted hereunder, infringe any Valid Claim of an issued or granted patent for the Technology. For example, if Licensee should manufacture and sell a peripheral safety IV catheter Product as part of a larger surgical kit, including other products, which themselves are not Products under this Agreement, the surgical kit would not be a Product, only the component peripheral safety IV catheter would be a Product. Further, any additional component, such as a catheter valve, that is not covered by the Patents, would not be a Product. Moreover, Products specifically excludes peripheral safety IV catheter devices utilizing various embodiments of friction elements to cause inclination of a binding member into a binding position on a needle as disclosed in the Patents.

Field of Use
Field of Use shall mean medical or veterinary applications related to any peripheral safety IV catheter connected to or placed in a patient’s body.

IPSCIO Record ID: 28166

License Grant
Licensor grants an exclusive worldwide license to the Licensed Technology to manufacture, make, have made, promote, market, use, distribute, sell and have sold Products incorporating or utilizing, and to otherwise commercialize and exploit the Licensed Technology.
License Property
Licensor is the owner of technology and patents relating to enhancing the visualization of biopsy needles or other metallic devices being guided by ultrasound.

The Licensed Technology means the ColorMark(R) technology, and shall include all Licensor's U.S. and foreign patents and patent applications, currently existing or existing in the future, related thereto.

Field of Use
Licensee is involved in the development and distribution of medical equipment.
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