Word: atkinsons
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Martin and Atkinson stressed that, as in all cases where Harvard grants an exclusive license, the University retains a "march in provision Harvard has the right to regain the license after a certain period of time if the discovery is not developed satisfactorily...
...Atkinson stressed that the exclusivity was not unusual. Harvard, officials explained, will grant exclusive licenses if it believes it will speed development of a basic idea into tangible benefits for the public...
Under the terms of the agreement Biogen said it would pay all the leagan tees lenthing from the effort to gain the patent, he added. Atkinson said that he was not sure of the exact amount, but estimated that this probably ranged into the hundreds of thousands of dollars...
About 200 firms have been invited to apply for a license from a patent developed by Mark S. Ptashne, professor of Biochemistry and Molecular Biology, Atkinson said...
...Atkinson attributed the decision mostly to the fact that much of the technology involved in developing the process is already widely disseminated and would not require an unusual effort by one company...