Many companies will face patent licensing issues at some point in the lifetime of the company. For example, a new biotech company may require the licensing of intellectual property from an inventor or assignee in order to establish the business. Conversely, for example, if a company does not plan to pursue a patented technology in its intellectual property portfolio, the company may choose to license the technology to another company that is particularly interested in manufacturing, marketing, and selling that technology.
Licensing intellectual property can be a major source of revenue for a company, and there are many legal and business issues involved in licensing transactions. Our firm can advise and assist clients in the acquisition or transfer transactions of intellectual property.