One of the essential words in licensing is flexibility, especially regarding licensing agreements. Even after the agreement is signed, things happen, and it will require modifying the contract to fit the market or licensee situation. A successful partnership must work for both you and your licensing partners. If it’s one-sided, […]
What happens when your licensing partner doesn’t meet their development milestones? You end the agreement. That’s just what happened with two very large pharmaceutical companies. These two global companies signed a licensing agreement worth over $300 million that included the development, marketing and sales of an antibody treatment. But the […]
Don’t shortchange the time it takes to structure the right type of licensing agreement. If the agreement is riddled with holes, nothing is more draining in both time and money then having to litigate your way out of a licensing agreement. Your licensing agreement is a contract between you and […]
Obtaining a license for an intellectual property such as a popular character can sometimes be an expensive process. If you lack the financial resources or the qualifications, there is another option you can use to get rights to that IP. It’s called a designated distributor agreement. This type of agreement […]
