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Mrz 04, 2014
Dr. Malcom Bates, Taylor Wessing, United Kingkom
Talitha Shkopiak, Taylor Wessing, United Kingkom
First published on Lexology

The complexities of territorial licensing


Dr. Malcom Bates, Taylor Wessing, United Kingkom, Talitha Shkopiak, Taylor Wessing, United Kingkom, First published on LexologyCompanies in the biotech and pharmaceutical industry are well known for developing and implementing innovative deal structures in order to realise the maximum value from their assets and get products to market. One of those innovative deal structures is geographical licensing. Whilst apparently simple on the face of it, the devil is in the detail.
Geographical licensing is the practice where the owner of the rights to a product grants to a licensee the exclusive right to develop and/or commercialise the product in a specific country or territory only. The licensor may grant a separate licence to several different licensees, each in a distinct country or territory. The licensor may, or may not, reserve for itself the right to develop and commercialise the product in a particular country or territory. The complexities of this deal structure arise  read more