How do BiOS-compliant agreements work?
Under BiOS-compliant agreements, technology is available royalty-free for use in research or in creating products, by anyone in any country, based on a legally binding agreement to the following elements:
- All the agreements are non-exclusive;
- An owner of technology made available for use under a BiOS-compliant agreement, or an improvement to such technology, may not assert IP rights over that technology or improvement against any other entity that abides by the terms of a BiOS-compliant agreement;
- All licensees covenant to share improvements, making them available for use, even though they may be patented, to all other licensees;
- Participants share biosafety data and any other information needed to meet regulatory requirements for use in commercial products