Q & A on Reverse Licensing
This article was originally published in Start Up
Executive Summary
An increasing amount of funding appears to be going to start-ups that in-license compounds from pharma companies in agreements known as reverse licensings. Some of the key points in structuring such a deal are: 1) defining the "licensed compound"; ensuring access to data and people; freedom to develop the compound in an unencumbered manner; buyback rights ;constructing sensible economics; and controlling the intellectual property.