What is the name of your state? CO
Hello, not sure if this is the correct forum, but I'll try anyway. I am a biologist with a government agency and have discovered novel compounds for pest control and methods for their use. The govt. patented these products and uses on my behalf and therefore they technically own the patent. I am entitled to royalties if these are ever developed commercially. My question is: can I form a company to develop these products and license the products from the government? Currently, there are no licensing agreements on these products. I would like to form a company that could turn these products into commercially available products. I don't know if as the inventor I can legally do this. Any info on this would be appreciated. Thanks.
Hello, not sure if this is the correct forum, but I'll try anyway. I am a biologist with a government agency and have discovered novel compounds for pest control and methods for their use. The govt. patented these products and uses on my behalf and therefore they technically own the patent. I am entitled to royalties if these are ever developed commercially. My question is: can I form a company to develop these products and license the products from the government? Currently, there are no licensing agreements on these products. I would like to form a company that could turn these products into commercially available products. I don't know if as the inventor I can legally do this. Any info on this would be appreciated. Thanks.