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Understanding March-In Rights Under the Bayh-Dole Act. As a seasoned AI patent lawyer, I’ve seen how crucial it is to understand these rights, especially as recent discussions around them intensify. What Are March-In Rights? Under the Bayh-Dole Act, march-in rights allow federal agencies to intervene and require a patent holder to grant additional licenses if certain conditions aren’t met. This can happen when: 1️⃣ Practical Application: The invention isn’t being developed or commercialized effectively. 2️⃣ Health and Safety Needs: There’s a public health issue that the current patent holder isn’t addressing. 3️⃣ Public Use: Federal regulations demand public access that isn’t being met. 4️⃣ Domestic Manufacturing: Products must be manufactured substantially in the U.S. unless waived. Why Does This Matter? With the Biden Administration's recent proposals, there’s a renewed focus on how pricing can influence march-in decisions. Agencies may now consider whether products derived from federally funded research are available at reasonable prices when deciding to exercise these rights. This could reshape the landscape of university licensing agreements significantly! Key Takeaways: Stay Informed: Understand how march-in rights can affect your licensing strategy. Negotiate Wisely: Ensure your agreements account for potential government intervention. Engage with Stakeholders: Open discussions about pricing and accessibility can mitigate risks. What are your thoughts on march-in rights? Have you encountered challenges related to them in your work? Let’s discuss! 👇 #BayhDole #MarchInRights #UniversityLicensing #IntellectualProperty #Innovation #TechTransfer