Washington, DC–(ENEWSPF)–September 16, 2011. President Obama announced today an initiative that will facilitate the ability of start-up companies to license inventions for groundbreaking medical technologies for drugs, vaccines and therapeutics developed by intramural scientists at NIH. As part of this effort, the NIH is reducing both the cost and paperwork requirements for start-up companies to obtain an exclusive option agreement to license the extensive patents and patent applications from the intramural research laboratories at both…
