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Partnership Scope
Partnership Scope is a sub-classification applied to partnership deals that is used to add categorical information about the originally formed agreement. This includes differentiating characteristics or structural elements affecting the overall scope and/or financial consideration of the deal.
Simple License Hand-off
The licensor does not have any continuing development or commercialization obligations after licensing the rights to the licensee
Shared Obligations
The partners will share parts of the overall development and/or commercialization without specific cost sharing. For example, partners may collaborate in the research, development and/or commercialization process, but only one company will develop the product at a single stage and bear those costs itself. Development and commercialization costs are not shared between companies.
Co-Development / Option to Co-Develop
The partners will share clinical development obligations and costs. The partners may also have the option to enter into such development cost sharing.
Co-Promotion / Option to Co-Promote
The partners will share sales obligations and costs with one partner booking sales of the product. The partners may also have the option to enter into such co-promotion.
Co-Marketing / Option to Co-Market
The partners will share sales obligations and costs with each party booking sales under different product trade names. The partners may also have the option to enter into such co-marketing.
Supply / Option to Supply
The licensor may supply API or finished product in commercial quantities at a cost or cost-plus transfer price
Options to expand to additional compounds, products, and/or territories
The original partnership allows for the option to add compounds, products, disease areas and/or territories to the ongoing development and/or commercialization.