GTG 10.0% 0.9¢ genetic technologies limited

another research licence!

  1. 432 Posts.
    Is this deal similar to all the licencing arrangements in that they are only for reasearch and not for commercial use.

    otaw

    ASX Announcement Details



    Date Issued Time
    08-05-2003 12:05




    GENETIC TECHNOLOGIES LIMITED 2003-05-08 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    Genetic Technologies Limited (GTG-ASX) is pleased to announce it has
    granted a research license to its non-coding patents to the
    University of Utah, of Salt Lake City, USA.

    This is the first research license granted by GTG to any academic
    institute, and it will permit the University to now expand its
    leading genetic research program into the non-coding regions of many
    genomes with the full support of GTG. Financial conditions relating
    to research agreements are not disclosed. Again, this is exclusively
    a research license, and it does not grant any commercial rights to
    anyone. Any future commercial applications arising from this research
    must still be covered by a separate commercial license from GTG to
    the relevant parties at the appropriate time.

    This research license is quite separate from the commercial license
    recently granted to ARUP, of Salt Lake City.

    Additional research licenses are now under active discussion in
    various countries and will be announced when finalised.


    Dr M Jacobson
    EXECUTIVE CHAIRMAN


    NOTE: The information displayed is not real-time ASX data but is delayed by at least twenty minutes.

 
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