Services:
- Spin-offs
- Patent licensing
- Patent prosecution
- R&D agreements
- Bayh-Dole Act issues
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Research institutions, encouraged by government grants and the Bayh-Dole Act, continue to be on the forefront of technology development. When research institutions license their discoveries and creations to the commercial sector, they contribute to a process that can pump billions of dollars and hundreds of thousands of jobs into the national economy—as well as fund their own ongoing research, state of the art equipment, and grants to attract top-tier faculty and students. Lowenstein Sandler’s Tech Group has a reputation for excellence in the fields of university and corporate technology transfer.
We work with major research universities nationwide, including Johns Hopkins, Rutgers, and the New Jersey Institute of Technology, in various matters emphasizing technology. Our attorneys have consummated scores of spin-off transactions, representing universities, founders, and the companies themselves. We participate in the full technology transfer process: the disclosure of a new innovation, its protection through patents and copyrights, and the subsequent licensing of the rights to use it for commercial development. We design and effect spin-off transactions that satisfy competing financial and non-financial goals and that enhance the odds of obtaining next-round funding. Additionally, we work with universities to structure and implement numerous resolutions of "conflicts of interest" problems, and we help defuse clashes between university policy, government regulations, and transaction imperatives.
The collaboration between industries and universities will move bold new inventions out of the laboratory and into the marketplace. The Tech Group holds a pre-eminent position in the technology transfer field, due to our immersion in numerous burgeoning partnerships between universities (and their professors) and commercial outlets. Our recognition of the way these visionary alignments drive the innovations that advance quality of life helps us to ensure that they are mutually beneficial and ongoing.
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