Why is the contract/grant information important to BLG?
Under federal law, BCM is required to report technologies developed from federally-funded research to the U.S. Government. The U.S. Government has certain rights to technologies resulting from federal funding, including a free license to use the technology for government purposes. Non-government sponsors may also have intellectual property clauses and obligations attached to such sponsorship with which BLG must comply. Examples of these are non-profit private foundations including the American Cancer Society, the American Heart Association, and others. Agreements associated with industry-sponsored research almost always contain language governing rights to technologies resulting from the sponsored research. For this reason, it is important to submit copies of any MTAs that might have been executed in association with the technology along with the technology disclosure form.
