Washington Plant Variety and Trademark License Agreement

State:
Multi-State
Control #:
US-0996BG
Format:
Word; 
Rich Text
Instant download

Description

Variety licensing is a tool for plant breeding companies and institutions to commercialize their varieties and to transfer technology to farmers efficiently. As the seed industry becomes increasingly privatized, interest in in-licensing new varieties, both from national and international sources, is likely to increase. Likewise, financial pressure on public sector breeding will increase the need for the targeted commercialization of varieties through out-licensing. As the seed sector becomes more transparent, the market should see more foreign investment from companies who wish to make their varieties available through licensing. That, in turn, should promote local seed production and variety testing. The licensee and the licensor should focus primarily on the practical content of the license agreement, specifically, exclusivity to plant material and territory, plant variety protection, variety trials, national registration, royalty payment, and information transfer. The purpose of this chapter is to provide guidance for prospective licensors and licensees in the practical issues of in- and out-licensing of varieties
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FAQ

The U.S. Plant Variety Protection Act (PVPA) was enacted by Congress in 1970 to encourage the development of new varieties of crops and to make them available to the public. The protection enables the collection of royalties that, in turn, provide funding for development of other new varieties.

PVPO-issued certificates are recognized worldwide and facilitate filing for plant variety protection in other countries. Certificate owners have the right to exclude others from marketing and selling protected varieties, manage the use of their varieties by other breeders, and enjoy legal protection of their work.

The Plant Variety Protection Act provides legal intellectual property rights protection to breeders of new varieties of plants which are sexually reproduced (by seed) or tuber-propagated.

The Plant Variety Protection Office (PVPO) provides intellectual property protection to breeders of new varieties of sexually reproduced, tuber propagated, and asexually reproduced plant varieties.

The PVP Certificate provides protection against the unauthorized growing of the material, propagation of the variety for commercial purposes, as well as against marketing or offers for sale without the owner's authorization.

The Plant Variety Protection Act provides legal intellectual property rights protection to breeders of new varieties of plants which are sexually reproduced (by seed) or tuber-propagated.

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Washington Plant Variety and Trademark License Agreement