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Technology Transfer
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As the volume of research and development continues to increase in all sectors, many clients, including companies, universities, and non-profit or governmental organizations, require assistance in implementing processes and procedures specifically designed to identify practical applications and commercial value hidden within all aspects of research and development. Jones Walker’s attorneys advise clients in all stages of technology transfer, in both public and private sectors. For instance, our attorneys help major universities review and assess reports of invention, select inventions for patent prosecution or commercial development, and negotiate favorable assignment or licensing terms. We provide advice concerning the manufacture and distribution of products made using our clients’ technologies, including the negotiation and preparation of key agreements. For medical and other regulated technologies, the technology transfer process is complicated further by various governmental constraints and approval processes. We can provide experienced counsel in such areas, including dealings with the U.S. Food and Drug Administration (including pre-market approval), the U.S. Department of Agriculture, the Federal Trade Commission, and other regulatory agencies. Many corporate clients consult with our attorneys to determine which projects may generate intellectual property assets and value. We also review technology portfolios for due diligence in mergers and acquisitions. Even individual inventors benefit from our expertise in crafting a simple invention into a business opportunity.