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	60%	10%*	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. *This figure is intended to enable the University to pay Employer's National Insurance Contributions but otherwise leave the General Fund out of distribution in that band).

The University Finance Department handles distribution of royalties to researchers, for further information click here.