Does a licensee – exclusive or non-exclusive – have to abide by the revenue sharing obligations?
No. The revenue sharing provisions contemplate only two scenarios: either a Grantee or Collaborator licenses the CIRM-Funded Technology to a third party, or the Grantee or Collaborator self-commercializes the technology. Licensees – regardless of whether they are exclusive or non-exclusive – do not bear any revenue sharing obligations with the state.
