Revenue Sharing From Licensing

The revenue from successful licensing by Isis, whether lump sums or royalties, from option, licence, or assignment agreements, is:

• first subject to repayment of external patenting (filing, searching etc) and legal costs;
• Isis then retains 30% as a contribution towards its ongoing costs on this and other patents;
• the remainder, i.e. 70% of the net licence income, is then passed on to the University for distribution as follows (See University Council Regulations 7 of 2002):

Total Net Revenue	Inventor(s) Total	General Fund	Department	Isis
To £72k	61%	9%	0%	30%
To £720k	31.5%	21%	17.5%	30%
Over £720k	15.75%	28%	26.25%	30%

This translates of money as follows:

Total Net Revenue	Inventor(s) Total	General Fund	Department	Isis
To £72k	£44k	£6k	£0	£22k
To £720k	£250k	£141k	£113k	£216k

(Effective since 1st April 2003)