Kabunushi is correct, that assertion is incorrect. No one signs any contract work or has any employees doing commissioned work, especially not for a factory they own, for a facility they have hired that person or company to staff, without relevant IP clauses that provide that they own all IP developed in the process of doing the work UNDER CONTRACT, and ANY OTHER WORK they do while on the job.
These are very basic things and there is no doubt in my mind, it's my humble opinion, I've not gone into the factory, but even the most nickel and dime start-up with 2 kids from college is likely going to have all the relevant clauses in their contracts, in my long experience. So a firm run by two lawyers from Sadden, highly educated, with considerable experience in private equity and biotech, is not going to not have basic, basic clauses and contracts with its contract employees provided through its contract manufacturer who will be bound by those terms as well.
The notions that people bandy about on this website about Advent are incredibly far off in terms of how contract work operates at the most basic, basic level. I would encourage you to recognize that that is the case. But I recognize there is a minority of posters who wish to make Advent an issue, and keep retreating to such arguments to try to make these far out of sync with normal basic operation of law and contracts about ownership of core / critical IP and buyouts.
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