other material
confidence high
sentiment neutral
materiality 0.25
Vicapsys Life Sciences amends patent license with Massachusetts General Hospital, adding new patent rights
Vicapsys Life Sciences, Inc.
- Ninth Amendment adds Patent Rights MGH 24644 (PCT/US2018/051950) to exclusive license.
- Company must submit a research and development plan for new patent rights within one year.
- Company pays $2,000 non-refundable license fee and reimburses $3,956 in patent costs by July 31, 2023.
- Amendment updates diligence requirements under Section 3.1 of the original 2013 agreement.