Thomas Bjorn
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PRACTICE NOTES
Life Sciences Technology Transfer: Assignments, Patent and Know‑how Licensing, Material Transfer Agreements and Confidentiality Agreements—Key Terms and Drafting Considerations
What is a technology transfer agreement?
The phrase ‘technology transfer agreement’ operates as a catch-all for numerous contractual forms designed to govern the handover of ownership, or permission to use, a specific technology from one entity to another. Such agreements are essential mechanisms to enable the efficient utilisation of established technologies and to foster the creation of new ones through collaboration among academic and commercial organisations across the life sciences sector. This Practice Note examines technology transfer agreements, with particular attention to additional clauses that hold special relevance for life science industries. It therefore concentrates on supplementary provisions that are especially significant for stakeholders active in this space. A wide range of life science outputs can be protected by patents. Illustrations include biological materials, manufacturing methods, and their therapeutic applications, among other relevant examples in this domain. Given the considerable cost of developing life science products, and particularly therapeutics, patent protection in the life sciences field is especially significant. Issued patents grant owners an exclusive monopoly to recoup research and development expenditure, and are commonly needed to attract investment by prospective investors across the sector.
What is technology transfer?
Technology transfer is the movement of technology from one party to...
Life Sciences
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