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How long does the patent licensing process take? What will it cost in up-front money?

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How long does the patent licensing process take? What will it cost in up-front money?

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The process takes about 3 to 4 months after receipt of the license application and commercialization plan. This includes a mandatory waiting period of 2 months for exclusive licenses, during which time a member of the public can file a written objection. Down payments generally are set according to the value of the technology and are negotiable.

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