[ANSWERED] A large pharmaceutical company awards a $6 million contract for three years to a researcher at a…

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A large pharmaceutical company awards a $6 million contract
for three years to a researcher at a university to conduct trials on patients.
The company’s proposed conditions are as follows:
1. Six-month delay in publication of research outcomes
2. First rights of patenting and licensing of the
discoveries
3. The researcher serves on its scientifi c advisory board
4. The researcher will conduct the research
• What is the role of the university in this arrangement?
• Should the university accept the terms as they are offered
or make a counteroffer? What should the counteroffer be?
• How would you manage the confl ict, if one exists?

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