Re: What if... License vs Grant

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Re: What if... License vs Grant

in response to

Re: What if...

Poker MVP

posted on Dec 18, 2007 01:56PM

Just a quick ck on 2 companies that "granted a license"

1) Nov 26 (Reuters) - Metabolix Inc (MBLX.O: Quote, Profile, Research) said it agreed to grant Abbott Laboratories Inc (ABT.N: Quote, Profile, Research) an exclusive worldwide patent license to use its multi-gene expression technology in pharmaceutical product applications.

The deal, entered into on Nov. 19, includes an initial payment of $500,000, as well as maintenance and sublicense fees, milestone payments and royalties on sales of products covered by the licensed patents, Metabolix said in a regulatory filing.

2) Specifically, Osram has granted Everlight a royalty license to manufacture and sell surface mountable (SMT) LEDs emitting white and coloured light.