To bring an academic invention to market, a company usually must acquire a license to develop it, a process that often presents challenges. Socially Responsible Licensing (SRL) addresses these challenges by encouraging broad access to products for the benefit of society by ensuring that market inefficiencies are overcome and global access is prioritized. This licensing process often causes challenges, like difficulties in contract negotiations.
Useful links
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FAST tool for Socially Responsible Licensing: negotiation model for the application for SRL
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This toolkit, developed by the Dutch Federation of University Medical Centers (NFU), offers practical guidance for universities and research institutions to integrate social responsibility into licensing agreements, ensuring broad access to medical innovations.
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A set of ten principles established by NFU to promote equitable access to medical innovations. These principles emphasize transparency, affordability, and global health priorities in licensing agreements.
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EU publication: Functioning of Directive 89/105/EEC relating to the transparency of measures regulating the prices and reimbursement of medicinal products