Intellectual property rights are valuable immaterial assets, which, like any asset, can be exploited by granting a right to use such asset to someone else. Such right to use may take different forms, such as producing, selling, importing, exporting, reproducing and communicating to the public. IP owners can maximize their IP revenues by spreading, dividing and allocating their rights through licenses.

As already mentioned, Lydian’s IP team has experience in drafting and reviewing license agreements for its clients.