The Benefits of In-License and Out-License Pharmaceuticals
If you're a pharmaceutical researcher or manufacturer, or if you have a company that markets and sells pharmaceutical products, you would do well to understand the terms in-licensing and out-licensing. Both of these arrangements allow you to make the best use of someone else's research and production or their marketing abilities to build on your work or to increase your profits overall. Note what is meant by that and by in-license and out-license pharmaceuticals.