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Letter Of Intent For Research Collaboration
"I need a Letter of Intent for Research Collaboration between my biotech startup and the National University of Singapore for a joint AI-driven drug discovery project, with specific focus on data sharing protocols and IP rights for any discoveries made during the collaboration starting March 2025."
1. Parties: Full identification of the research institutions/organizations entering into the LOI
2. Background: Context of the proposed research collaboration and reasons for entering into this LOI
3. Purpose: Clear statement of the intended objectives and scope of the research collaboration
4. Duration and Timeline: Proposed period of collaboration and key milestone dates
5. Resource Commitments: Initial understanding of resources each party intends to contribute
1. Funding Framework: Preliminary understanding of funding arrangements and financial commitments
2. Intellectual Property Principles: Basic framework for handling IP rights and ownership of research outcomes
3. Confidentiality Provisions: Basic principles for handling confidential information exchanged during discussions
4. Publication Rights: Initial understanding regarding rights to publish research results
5. Regulatory Compliance: Reference to key regulatory requirements and compliance obligations
1. Research Project Overview: Detailed description of the proposed research project, including objectives and methodology
2. Resource Schedule: Preliminary list of resources, facilities, and equipment to be contributed by each party
3. Project Timeline: Proposed timeline with key milestones and deliverables
4. Key Personnel: List of key researchers and team members from each institution with their roles
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