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Simple English definitions for legal terms

march-in rights

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A quick definition of march-in rights:

March-in rights: A rule that allows the government to give someone else permission to use or take away the permission of the person who owns a patent for an invention that was paid for with government money, if the owner or their partner hasn't done enough to use or develop the invention within a reasonable amount of time.

A more thorough explanation:

Definition: March-in rights refer to the government's authority to grant a new license or revoke an existing license for a federally funded invention if the owner or licensee has not adequately developed or applied the invention within a reasonable time.

For example, if a company receives federal funding to develop a new drug but fails to bring it to market within a reasonable time, the government may exercise its march-in rights and grant a new license to another company to develop and market the drug.

March-in rights are intended to ensure that federally funded inventions are used for the public good and not solely for the benefit of the patent owner or licensee. They provide a mechanism for the government to intervene if the owner or licensee is not fulfilling their obligations to develop and apply the invention.

marchet | marchioness

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13:09
Yo
lawguy we're nearly stats twins :D
13:13
I saw that, and I saw you got the Georgetown interview invite yesterday too! Goodluck!
you too haha, i was super surprised to have received one so early not gonna lie
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
17:47
Someone said there is a wl/r wave coming but how can that even be predicted 😭
17:48
Where?
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