1. Legal Framework for the Commercialization of University Inventions
Hande Hançar Çelik
Partner, Gün + Partners
Legal Framework for the Commercialization of University Inventions
The Glakolens Case

2. A brief history …

3. 1- Protection of Inventions
Inventors signed an agreement with BU.
The patents will be owned by BU.
Commercialization of the inventions
income sharing

4. 2-Meeting with the Investor
«Pitch Deck» on (During IP2015 Conference)
Exclusivity Agreement between ACT and BU on

5. 3-Due Diligence & Investment Analysis
PoC (Proof-of-Concept) Study Agreement on
Agreement with Mr. Khalid Mentak on
Investment Analysis report

6. 4-Memorandum of Understanding
Investors, BU and ACT signed the MoU on
General principles for the future relation
Mutual expectations

7. 5-Foundation of Company
GlakoLens Biyomedikal Biyoteknoloji Sanayi ve Ticaret A.Ş.
Officially founded on

8. 6-Funding the Company Investment And Shareholders Agreement
License Agreement
Both signed on

9. 6/a-Investment And SHA Shareholder structure
ACT becomes shareholder of the company.
Commitments of Parties
Conditions of the subsequent investments
Key Performance Indicators

10. 6/b-License Agreement BU granted exclusive license to Glakolens
Royalties
An option to Patent rights
Patent valuation