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Major universities develop “COVID-19 Technology Access Framework”

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.

 

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