A new payment site within Pay.gov will make it easier for companies that license
inventions owned by the National Institutes of Health and the Food and Drug
Administration to make their royalty payments. Royalties are typically paid
upfront for biological materials and over the term of a commercial patent
license. The project is led by the Office of Technology Transfer and the
Office of Financial Management at NIH.
View full post on National Institutes of Health (NIH) News Releases