Lightwave Logic Inc (LWLG)

[inversor86]

The language tells me that a technology transfer exists for two companies who need each other's IP to create something successful. Whereas a licensing agreement would be allowing another company to use your successful creation for their benefit.


A very very old great aunt of mine is legally blind but owns a car. Her very very old friend can see but has no car. They execute a technology transfer to go to the grocery store.

If my aunt could see and owned her car but a friend had no car, allowing the friend to take the car to the grocery store would be a licensing agreement.