Question
Linda is the founder and CEO of the company Lone Sun which ran a social media website with over 1 million registered users. The website
Linda is the founder and CEO of the company Lone Sun which ran a social media website with over 1 million registered users. The website had been elected as one of the most trusted medical reference websites in 2018. In April 2019, Linda had been approached by David, a representative of a company named Global Cure for collaboration. Under the proposed project, Lone Sun would have the right to exclusively distribute, sell and market the drug Tedroin that had been manufactured by Global Cure and also protected by patent and know-how owned by Global Cure. Linda was persuaded when David emphasized on the business value of these patents. Both sides soon proposed major terms in negotiation and decided that a formal contract for collaboration purpose would be made in October 2019.
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