Case Study...
A new spin-out company is being
formed which will be dealing with
the real time management of
diabetes. As part of the
establishment of the company, the
University will transfer three
separate patents to the company.
The inventors named on these three
patents are different individuals.
How will revenue sharing be
dealt with?
It does not matter that the spin-out
company is receiving three patents.
The University's shareholding in
the spin-out company is still based
on the 85/15 rule. The inventors'
85% and the University's 15% will
simply be worth more because the
company will own three patents
rather than just one patent. The
University leaves the inventors to
decide for themselves how their
85% of the shares is to be split
between them, although it is
usually based upon their respective
contributions to the invention(s).
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