MRL Advisors has developed a model for a strategic technology partnership for a dental implant manufacturer and is assisting with the negotiations
Background: To ensure the long-term availability of a business-critical technology for a dental implant manufacturer and thereby provide future investors and the capital market with the necessary assurance, the company has entered into a technology partnership based on a licensing model spanning several decades.
MRL Advisors assists with structuring the model and coordinating terms from the perspective of both the licensor and the licensee in order to reach a solution that appropriately supports the objectives of both parties. Ultimately, this is a matter of risk management—albeit in ways that are very specific to each party.
Selected features of the model include, for example:
- A technology partnership that cannot be terminated, lasting for several decades, with automatic renewal for an additional decade at a time, unless one party objects well in advance of the expiration date
- In the event of structural or strategic changes at the licensor, there is the possibility of a permanent transfer of know-how to the licensee
- Economic incentive mechanisms and barriers are replacing lengthy lists of behavioral guidelines.
MRL Advisors generally takes an entrepreneurial and pragmatic approach, which allows it to develop appropriate solutions while focusing on the actual “sticking points.”
MRL Advisors generally takes an entrepreneurial and pragmatic approach, which allows it to develop appropriate solutions while focusing on the actual “sticking points.”
MRL Advisors advises the dental implant manufacturer on structuring partnerships in accordance with business and strategic principles. MRL Advisors does not provide dedicated legal advice.
