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  • McMEM McMEM Jan 15, 1998 5:10 PM Flag

    Dr. MD

    All of GERN existing revenue comes from SBIR monitored by NIH. SBIR money are essential give away by Fed, and are very competitive.

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    • "All of GERN existing revenue comes from SBIR monitored by NIH. SBIR money are essential give away by Fed, and are very competitive. "

      Two points:
      1. SBIR grants are easy to get. The biotech co. I work at has 3
      of them totaling $1.1 million per year.
      2. Accepting government funding (SBIR, NIH grants) means that the company grants a royalty-free license to the goverment to patent rights related to the grant money. The government also has "march-in" rights, which means that the government can sublicense another company to make the product as a competitor.

      You give up a lot when you take Federal funds. This has become a problem for the company I work at, but it's too late since we already have accepted and used some of the funding.

 
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