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Custom Formulation/Product Development Services
For a more comprehensive overview please download ourSpectra Group offers its expertise in formulation/product development as a part of its customer service. The work is performed on a completely confidential and contractual basis. The following procedure is often implemented:
• Confidentiality/non-disclosure agreement is executed
• Formulation/product targets and specifications are discussed
• Properties needed and tests/measurements necessary to achieve them are highlighted
• Upon customer’s request Spectra Group may submit a proposal; intellectual property disclosed in the proposal belongs to Spectra Group until the proposal is accepted
• If the proposal requests the prospective customer to finance the development, intellectual property developed during the work in the client’s field will belong to the client
• If the proposal does not require the prospective customer to finance the development, the customer may still have an option to execute a technology transfer agreement to acquire the intellectual property that was developed in the course of work from Spectra Group
• Future relationships can be based either around a potential royalty stream or exclusive formulation/product supply for a number of yearsSGL Custom Formulation brochure
