Three well-known universities developed and agreed to a set of principles last week titled the “COVID-19 Technology Access Framework.” They were Stanford University, Harvard University, and the Massachusetts Institute of Technology.
Within days, four more have signed on – Cornell University; University of Maryland, College Park; Virginia Commonwealth University; and Yale University. The principles are designed to incentivize and allow for broad and equitable access to university innovations during the global COVID-19 pandemic.
The Framework’s guidelines provide for non-exclusive, royalty-free licensing of intellectual property rights for most types of technologies during the pandemic and for a short period afterward. Licensees commercializing these urgently needed innovations will be required to distribute the resulting products as widely as possible and at a low cost that allows broad accessibility.