Word: biogen
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Harvard has granted an exclusive license to use the process to Biogen N.V., an international biotechnology company chaired by former American Cancer Professor of Molecular Biology Walter Gilbert...
...Biogen and Harvard officials refused to detail the financial terms of the agreement, which was described as "standard" by Steven H. Atkinson '67, executive secretary of the University's Committee on Patents and Copyrights...
...granting of an exclusive license to Biogen follows a University trend in biotechnology, despite written and public statements by officials that the University prefers to grant non-exclusive licenses to any company that wants to develop a given invention...
Atkinson said that the Biogen license is one of about eight already granted by Harvard in biotechnology--all of which are exclusive...
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...