Oxford University Innovation Ltd, Imperial Innovations Group plc and UCL Business PLC have together prepared a new easy-to-use agreement to help companies evaluate exciting new materials that are coming out of the research laboratories of these three pre-eminent universities.
The materials that can be evaluated using this agreement include specific reagents, products or devices with applications in a broad range of fields such as diagnostics, drug development, drug screening tools, catalysts, nanomaterials including graphenes and biosensors. It is also envisaged that this agreement can be used to evaluate materials that form part of a broader package of intellectual property.
The agreement allows interested companies to access and evaluate the materials to see if they are of commercial interest to the company. Having a simple template agreement minimises the work required for the company to make a start.
The Technology Transfer groups of Oxford University (Oxford University Innovation Ltd), Imperial College (Imperial Innovations Group Plc) and University College London (UCL Business Plc) have worked together to produce this agreement. It is a great example of leading universities working together to make it easier for business to interact with universities. This is the first of several agreements the Technology Transfer groups intend to produce together.