We then bring inventions which specifically match the company's interests to the attention of the company. Listing of TLO contacts and their areas of expertise. Our technology is usually in an early stage and will require substantial development by the licensing company before a commercial product is ready for market. Because of this, we often find that the best contact person from the company is one who is knowledgeable about the company's science and technology and also familiar with the long term strategic plans of the company. Our licensing terms reflect the fact that most licensees will need to invest substantial time and money in product development.
Terms are flexible.
Exclusivity, field of use, subdivision of patent rights and sublicensing provisions are tools available to shape the license. Running royalties, license issue fees, and other terms are tailored to match a licensee's needs and the realities of the market. With 350 new invention disclosures coming into our office each year, our portfolio is constantly changing. We therefore encourage companies to keep in touch on a regular basis and also to contact us when a particular technology need arises. More information on the Technology Licensing Office .