If you wish to team up with SOPE and Innovation Lab (“Lab”) on your healthcare innovation, complete the brief questionnaire below. Once SOPE receives your submission, SOPE will conduct an initial review and assessment. If selected to move forward, you will be invited to formally your idea, with more details with the Lab. A member of the Lab team will then contact you for more information, if there is a good fit.
SOPE and Lab will only consider initial ideas on a non-confidential basis. By submitting your idea, you are neither entering into a confidential relationship with us nor receiving any guarantee of secrecy from us. The business risks associated with confidential relationships and obligations of secrecy are too great for the company to enter into them for the purpose of preliminary evaluation of initial ideas. Lab is not required to keep your idea confidential and if your idea is not protected by any form of intellectual property, note that your submission to us may be considered publication of your idea.
Please note also that acceptance of your submission does not oblige Innovation Lab or SOPE or use the information or otherwise create an agreement between you and Lab - any review of your submission at this time will be made by SOPE and the Lab on a non-confidential, gratuitous, and non-committal basis, and SOPE and the Lab will remain free to acquire and develop products or services competitive with those disclosed by you. Lab or SOPE may have internal development programs relating to the subject matter or problem statement disclosed in your submission, or may undertake such development programs in the future. For this reason, your submission might not be a good fit and we may be unable to move forward with your submission.
Neither Innovation Lab nor SOPE take ownership of, or responsibility for, your submission when you initially submit. If your submission passes our first tier of evaluation, you will then be invited to create an account on our ideation platform and submit a more detailed Invention Disclosure Form. At this stage, we will require that you (and any additional contributors) transfer exclusive ownership and/or control of the concept and any IP rights contained therein. This will be accomplished through an agreement between Innovation Lab and you in the form of an assignment or license of rights, where appropriate. You will assign your rights to Innovation Lab if you own the submission and have not obligated it to another entity (e.g., employer, company, etc.). If the rights are owned and controlled by your employer, you will first be required to secure the rights from your employer before assigning or licensing such rights to Innovation Lab. This transfer of ownership is necessary to justify the significant investment required for developing, protecting and advancing your concept to market.
Revenue Distribution from Commercialization will depend on the agreement or vehicle under which we secure the right to develop and commercialize your submission.
To aid the reviewers, kindly ensure that the questions listed below are adequately answered in the pre-screen form:
For example, conduct a Google search for your idea and list relevant products that are direct / indirect competitors of your proposed solution.
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