Background Note | HBS Case Collection | January 2007

Note on Biotech Business Development

by Richard G. Hamermesh and Robert F. Higgins


Describes the business development process in biotechnology companies. Topics covered include: participants in the licensing process and their interests, the major steps in the licensing process, the terms that are part of most agreements, and the most contentious issues that arise in the implementation of licensing agreements.

Keywords: Agreements and Arrangements; Entrepreneurship; Intellectual Property; Biotechnology Industry;


Hamermesh, Richard G., and Robert F. Higgins. "Note on Biotech Business Development." Harvard Business School Background Note 807-032, January 2007.