Genericlicensing offers comprehensive Licensing Support services to supplement your partnering and business development activities.
Our comprehensive service provides you the total package for licensing and/or contract developments whilst controlling the time and costs associated with the complex process. Working to your project timetable and business requirements, we work alongside you to complete each step of the journey to introducing a new product.
In order to successfully manage an inlicensing program, it is necessary to have a complete understanding of:
With this information a detailed project plan could be created, giving clear direction to licensing activities, goals and expectations.
Based on the agreed project plan and criteria, a thorough and comprehensive search will undertaken. By utilizing our in-house capabilities, external databases and extensive licensing contacts, we provide you with a shortlist of suitable companies to maximise your potential of finding the ideal partner.
The service identifies and prioritizes potential partners, based on your licensing criteria.
Once a list of potential products and companies has been compiled, a non-confidential dossier of information should be created, sufficient for the targeted partners to evaluate a project.
Genericlicensing will then make contact with all companies to discuss the projects; presenting and seeking feedback on the project dossier. Building on these initial approaches we arrange meetings for you to take negotiations further if necessary and under strict guidance. Anonymity can be maintained throughout the process if required.
Genericlicensing have industry experts on the team on hand to support and guide you at any time as you move forward with your deal negotiations. Offering you as much or as little assistance as you require, we bring experience of many successful deals to the table to guide your negotiations as they move through to closure.
All work is to pre-agreed contractual terms, which are heavily biased towards success payments
| Upfront payment | Milestone | |
|---|---|---|
| Project Planning | Yes | - |
| Partner Survey | Yes | - |
| Project Initiation | Yes | Yes |
| Representation and Deal closure | Yes | Yes |
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