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Re: None

Tuesday, 09/29/2020 12:24:34 PM

Tuesday, September 29, 2020 12:24:34 PM

Post# of 44089
FYI, as to the timing. Since the 15 days is up for a couple weeks now, we should have an update soon imo.


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While Government regulations reflect a preference for nonexclusive licenses, exclusive licenses are available when appropriate to promote successful commercial development of a licensed invention. To obtain an exclusive license a company must complete a license application and submit the application to the appropriate Technology Transfer Professional. Upon receipt of an exclusive license application, the Technology Transfer Professional evaluates the license application using a number of criteria to determine if an exclusive license is warranted (see 37 CFR §404.7). If the NIH determines an exclusive license is warranted after review of the application a notice of intent to grant the license is published in the Federal Register for a period of time, generally 15 days, unless the application is for an invention developed under a CRADA. During this time the public may object to the grant of the license. After the notice and comment period closes the NIH makes a final decision regarding the grant of the exclusive license.