Recently, IP Commercial and Corporate Team of Chang Tsi & Partners assisted a European client in successfully signing a Technology Licensing and Marketing Agreement with a prestigious university in China. In this transaction, the IP Commercial and Corporate Team provided the Client with comprehensive legal support and professional services, including designing the framework and structure of the licensing transaction, formulating pre-negotiation strategies, accompanying the client to multiple negotiations, and offering relevant services for the bilingual licensing agreement. Leveraging their professional legal knowledge and negotiation skillset, the IP Commercial and Corporate Team helped the Client successfully secure the exclusive license and agency rights for this internationally advanced patented cutting-edge technology in two European countries During the negotiations, the team also secured several additional benefits for the client, earning high praise and recognition, with a thank you note for “your diligent efforts and top-notch legal advice”.

As integral components of the national strategic scientific and technological innovation system, universities and research institutions not only drive scientific and technological advancement but also lead the way in patent commercialization and exploitation. In recent years, the government has actively promoted and encouraged the transformation of academic and technological achievements from these institutions through legislative measures and amendments.

In this particular case, while successfully assisting the client in securing the exclusive license, the IP Commercial and Corporate Team also played a pivotal role in facilitating the university's scientific research outcomes1. The Chang Tsi Team provided several specialized professional recommendations during the negotiation process, which were embraced by the licensor and highly appreciated by the university representatives. This collaborative effort ultimately resulted in a win-win outcome for both parties involved in the project.