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Your step-by-step guide — signed commercialization agreement
Leveraging airSlate SignNow’s eSignature any business can accelerate signature workflows and eSign in real-time, providing a greater experience to clients and workers. Use signed Commercialization Agreement in a few simple actions. Our handheld mobile apps make operating on the go achievable, even while offline! eSign contracts from any place worldwide and close up tasks quicker.
Keep to the stepwise guide for using signed Commercialization Agreement:
- Sign in to your airSlate SignNow profile.
- Find your needed form within your folders or import a new one.
- Open up the document adjust using the Tools menu.
- Place fillable fields, add text and eSign it.
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- Use Advanced Options to reduce access to the record and set an expiry date.
- Press Save and Close when completed.
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Signed commercialization agreement
the question then you have to ask so that if that's your licensing strategy you device you have to think about that's your value proposition that's what you're thinking and you think in terms of how does industry or the partner you want to reach out to view it as an opportunity and you to think does this technology fit their pipeline does it build out their pipeline if they've already invested a lot of money and I'd phase three for a similar therapy unlikely they'd be interested in investing a lot more in your technology or competition for them so you to think about is your value proposition a good opportunity for them you also want to think about when you are choosing between a licensing partners does the licensing partner the commercialization partner have resources and capabilities required to bring that kind of technology to market sometimes it's important to think of the size of the company if it's truly a platform and you go to a small company will they be able to leverage the entire capability of the platform so now let's move to so how would you move to the next step of tactically getting your partner in storage and this brings us back to for those of you who did workshop number one and two that you work closely as an innovator with your technology commercialization office in trying to identify the potential partners in the best approach to reach out to them in as in the earlier workshops here is a quick timeline and recap of what happens typically when we follow IP and patent applications you have the provisional patent application a year later you do the PCT six months later it publishes and at 30 month you reach national stage somewhere in this time is the ideal time to start thinking about reaching out to your commercial partners to market this technology so like John said you've articulated your value proposition we try to write it up as a non-confidential summary that highlights the unmet need how your technology solves that unmet need what are the advantages and then we make a list of potential partners we've decided our licensing strategy we make a list of companies that would view this as an opportunity and typically we work with you is the investigator because you're in that field to understand if those partners from your perspective sound correct are the ones that you are maybe interfacing with at conferences etc you might maybe no specific contacts within that company that would want to champion that science and work in that field and so this is how you would go about identifying and marketing to potential partners I want to highlight one thing so as you are trying to put your technology in to on the path for commercialization a very common approach is what we call sponsored research agreement or collaboration with industry so often as i said academic technologies or early stage they're not dearest but they have a lot of potential so sponsored research becomes a good opportunity for both you and the commercialization partner when they might see the great potential there might be some intellectual property that as an academic you have falled and is in place the industry partner would sponsor some research back in the innovators lab to do some validation research maybe do more mechanism of action studies maybe do some generate more models for the disease and then typically the industry partner would take an option to license that technology while this research is going occurring as a deer is the technology so that they can license it once there is some more validation work done the question asked is what is the mechanism of sponsored research agreements the sponsored research agreements is just when an industry partner is sponsoring research in the academic lab right and often it's a precursor to taking a license for example for the example that was here about a mutation and a disease a company might be interested and might say but I need to understand a little more does it actually work when you make this mutation in the mouse and they might fund the research because they'd rather find out the answer before they invest a lot of money and say this is the technology we're going to spend the next ten years and a billion dollars so that brings us to the workshop piece where we have an example for you I'll for a technology that's methods and devices for sustained a release of multiple drugs so what you're going to do is make a commercialization plan a strategy and for that what you're going to do is like we did in this workshop go through what's the unmet clinical need define it define what the technology solution is doing to address that unmet need and what's the type of technology what's the stage of development and what I collectively with all this would it what are you bringing as a value proposition to the potential partners and what does the partner need from you would you need from the partner to get this technology commercialized
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