Searle/Invitron TPA agreement
Executive Summary
Modification changes Searle's license to Invitron's proprietary technology pertaining to the manufacture of TPA from an exclusive license to a non-exclusive one. The alteration allows Invitron to enter into additional third-party TPA relationships. In addition, Invitron's rights to specific TPA products were reconveyed to Invitron, which has agreed to pay Searle up to $ 7 mil. over a 10-year period for future TPA product sales.