Created On: 2020-07-15
Record Count: 3
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: 29202
IPSCIO Record ID: 2651
IPSCIO Record ID: 240569
During the Research Term:
(a) Licensee hereby grants Licensor a fully-paid up, non-exclusive, royalty-free, worldwide license, without the right to grant sublicenses, under MARTEK Background Technology, MARTEK Program Intellectual Property (including MARTEK Improvements), and MARTEKâ€™s interest in Joint Program Intellectual Property, for the sole purpose of conducting the activities required in the performance of its obligations hereunder as part of the R&D Program.
(b) Licensor hereby grants to Licensee a fully-paid up, non-exclusive, royalty-free, worldwide license, without the right to grant sublicenses, under SEMBIOSYS Background Technology, SEMBIOSYS Program Intellectual Property (including SEMBIOSYS Improvements), SEMBIOSYSâ€™ interest in Joint Program Intellectual Property, and any relevant Third Party Licenses, for the sole purpose of conducting the activities required in the performance of its obligations hereunder as part of the R&D Program.
Program Intellectual Property means all Patent Rights and Program Know-How. Licensor Program Intellectual Property shall mean Licensor Patent Rights and Licensor Program Know-How. Licensee Program Intellectual Property shall mean Licensee Patent Rights and Licensee Program Know-How. Joint Program Intellectual Property shall mean Joint Patent Rights and Joint Program Know-How.
Licensor Improvements means (a) Inventions which claim (i) methods of transforming genes or expressing genes in plants or (ii) methods of making or using plant oil bodies, and (b) all Program Know-How other than Inventions that is directly-related to (a) above.
Licensee Improvements means (a) Inventions which claim the identification, composition or use (i) of DHA, EPA and/or ARA (arachidonic acid) synthesis genes or (ii) of supplemental genes used or evaluated in the course of performance of the R&D Program for enhancing DHA, EPA or ARA production in plants, and (b) all Program Know-How other than Inventions that is directly related to (a) above.
R&D Program means the research and development program to be conducted by Licensor and Licensee and which is described in the Workplans.
Field means the production, manufacture and marketing of DHA, ARA and EPA produced in transgenic plants. These fatty acids are docosahexaenoic acid, commonly known as DHA, and arachidonic acid, commonly known as ARA. DHA and ARA may help develop the eyes and central nervous systems of newborns and promote adult mental and cardiovascular health.