VARDA is committed to the
Intellectual property rights.
VARDA will not offer products at
respective locations where the product are enjoying
patents, and strictly adhere to Intellectual property
rights and honors it.
Building strategic relationships in
contract manufacturing / Custom Synthesis means having
clear procedures and policies regarding confidentiality.
All technology packages and transfers are not created
equal. Well-planned and detailed ones with plenty of
interchange between functional representatives work
great, VARDA ensures clarity in its operations.
For example, if your company has a
drug discovery you believe has a huge market potential,
you need a contractor who will absolutely protect your
intellectual property. The contract manufacturer should
review with you their confidentiality agreement and
define the exact nature of your project's
confidentiality requirements. In addition, provisions
for the return of proprietary materials at the end of
the project should be spelled out completely.
Of course, if a customer has a
patented process they want the contract manufacturer to
employ, the patent protects the owner of the technology.
Typically, if the customer wants the contract
manufacturer to use their patented process, there is a
license granted in the contract that allows the contract
manufacturer to practice for the specific purpose of
making product for the customer over the length of the
contract. But the license grants no rights beyond that
period.
The issue of intellectual property
becomes challenging and even more important when the
contract manufacturer makes improvements to proprietary
technology owned by the customer. Questions arise such
as: Who owns those improvements and who can use the
improvements and where? The contract should have a very
comprehensive intellectual property section to deal with
that issue.
At VARDA, our confidentiality
agreements typically include specific provisions for
sending all confidential information to one named person
within our business.