Royalty Report: Medical, Supply, Device – Collection: 26035

$100.00

Curated Royalty Rate Report
Category: Technology Licenses, Created On: 2022-04-28, Record Count: 3

Description

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.
Category: Technology Licenses
Created On: 2022-04-28
Record Count: 3

Primary Industries

  • Medical
  • Supply
  • Device
  • Ophthalmological
  • Diagnostic
  • Disease
  • Surgical

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: 26035

License Grant
The Licensor agreed to provide development services toward the design of an ophthalmic implant to the Licensee.
License Property
The Licensee will continue to develop the ophthalmic implant that would provide continuous intraocular pressure monitoring.
Field of Use
The Licensee is an Optical Goods Manufacturer.

IPSCIO Record ID: 1513

License Grant
The Company hereby grants a world-wide, nonexclusive, nontransferable, royalty-bearing license to use the Licensed Patents to manufacture, have manufactured, sell, distribute and market the Licensed Products (soft intraocular lens products) and to practice the inventions covered by the Licensed Patents.
License Property
Licensed Products shall mean any intraocular lens products, and devices used to insert and/or apply the intraocular lens products, made, used or sold for use in a manner which is covered by a Valid Patent Claim of the Licensed Patents. Patent No. 4,573,998 Methods for Implantation of Deformable Intraocular Lenses; Patent No. 4,715,373 Devices for implantation of Deformable Intraocular Lens Structures; Patent No. 4,702,244 Surgical Device for Implantation of a Deformable Intraocular Lens.
Field of Use
The rights granted apply to implantation of lenses.

IPSCIO Record ID: 227288

License Grant
The parties hereby agree to the early termination of the 1994 Supply Agreement and acknowledge that, subject to the terms of this Agreement, Seller shall (i) become the exclusive supplier of Products to Buyer in the Territory,
(ii) subject to certain restrictions, be permitted to sell products containing hyaluronic acid within the Ophthalmic Field, and (iii) be relieved of all of the noncompetition covenants in the 1994 Supply Agreement and only be subject to the noncompetition covenants in this Agreement.  

The Seller agrees to manufacture and supply all of Buyers requirements of Products for sale to the Buyer in the Territory for the Ophthalmic Field on the terms and conditions hereinafter set forth.

License Property
Products shall mean Amvisc, Amvisc Plus, and all other ophthalmic HA containing products manufactured by Seller for Buyer and included as 'Products' in accordance with this agreement.

HA shall mean hyaluronic acid.

Amvisc shall refer to the medical device meeting the specifications described hereto or as otherwise changed in accordance with this agreement.

Amvisc Plus shall refer to the medical device meeting the specifications described hereto or as otherwise changed in accordance with this agreement.

Amvisc Products shall mean Amvisc and Amvisc Plus in the form of a clear viscous organic material used in the human eye as an aid in the surgical implantation of intraocular lenses as a substitute for human vitreous or in other ophthalmic applications, including, except as provided, any subsequent combinations, improvements or modifications of Amvisc or Amvisc Plus for ophthalmic applications. Amvisc Products shall include Amvisc and Amvisc Plus sold by Buyer under different brand names in the Territory.

Licensor Manufactured Ophthalmic HA Product shall mean those ophthalmic products containing HA (defined below) where the HA is manufactured by Seller and where such products are first commercially sold by Seller after the Effective Date, but this definition shall exclude the Amvisc Products sold to Buyer.

Field of Use
Ophthalmic Field shall mean that part of the Health Care Market dealing with the structure, functions, diseases and conditions of the eye.

Health Care Market shall mean the worldwide human health care industry, including without limitation, the medical, surgical, dental, nursing professions and practices, as well as research and teaching relating to these professions and practices. Any products used in and for the diagnosis, monitoring, treatment or prevention of disease, sickness or other physical condition shall be considered products intended for use in the Health Care Market, provided, however, that the Health Care Market shall exclude, for all purposes of this Agreement, products used for 'cosmetic' applications, as such term is defined under applicable laws and regulations of the U.S Food and Drug Administration.

Non-Licensor Manufactured Ophthalmic HA Product shall mean those ophthalmic products containing HA where the HA is manufactured by a party other than Seller and where the products are first commercially sold anywhere in the Territory by Seller after the Effective Date.

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