Recent Changes to Bayh Dole Act Regulations Remove a Strategy for Keeping Ownership of Your Governme
Failure to comply with certain obligations under your government funding agreement gives the funding agency the right to claim title to inventions and corresponding patents made with the funding. Uncertainty in a company’s IP ownership when seeking private sector funding or when ultimately selling the company can cost the company thousands, if not millions, of dollars. Changes to the Bayh Dole Act Regulations that went into effect last week remove one of the strategies for