What does the UABRF do to comply with government regulations?
The UABRF reports to NIH and other government agencies about certain events in the life of any IP generated using funding from that agency. These events include the filing of an intellectual property disclosure, the granting of a patent, and revenue gained by licensing the IP. If the the UABRF decides not to pursue the commercialization of an innovation funded by a government agency, it waives the IP to that agency and, if requested, assists the innovator in his/her petition to obtain IP rights to innovation from the specific government agency.
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