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Recent Tech Transfer Deals (01/2010)

01 Jan 2010

Our monthly update on technology transfer deals--licensing agreements between companies and universities or other research institutions--in the fields of life sciences, including pharmaceuticals, medical devices, in vitro diagnostics and research/analytical instrumentation and reagents.

Nov.—QLT (ophthalmic therapeutics) has agreed to pay $20mm to settle ongoing litigation with [Massachusetts General Hospital]. The money will cover past and future royalty obligations pertaining to Visudyne.

MGH out-licensed technology to the company years ago but it sued for higher royalties on the age-related macular degeneration drug. QLT had been paying a royalty of 0.5% on US...

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