INITIATION:
Agreement between Cognitrex & Company (Out Licensing).
Letter of Authorization to Cognitrex
Agreement on financial Modalities
PREPARATION & IDENTIFICATION:
Preparation of product synopsis for Indian Companies
Identification of Indian Companies
Shortlisting of Indian Companies
DISCUSSION:
Signing of agreement, NDA and Non Poaching Agreement with Indian companies.
Briefing meeting with Indian companies.
Discussion of financial modalities with Indian companies
Final nod from Indian Companies
PAYMENT:
Payment to Cognitrex.
FINALIZATION:
Meeting of Out – Licensing & In – Licensing (Indian) company
MOU Signing between the companies
