Radiology
Development Corporation (RDC) is the executive licensee of TUA Systems'
coatings. Both RDC and TUA are committed to establishing strong
business relationships. Our services, knowledge and experience are
always available in order to answer any questions you may have in the
efficient and successful implementation of our coating into your process or
production line. If requested through a consulting agreement, we will
even visit your facilities in order to provide hands-on assistance in the
feasibility of establishing a coating department or a modification of your
existing procedures. The steps taken in acquiring a licensing
agreement are explained below:
Licensing Agreement
Information
STEP 1
1-24 free sample run of a known TUA
Systems material on outer/inner diameter; known materials being: Hydro-Sil™,
Hydro-Sil-D™, Hydro-Sil 2000™, Hydro-Silk™ and the Hydro-Silk-IPT™ line,
Hydro-Slik™, Heparin-Complex-T™ and Ionic PTFE™. Shipping is the
responsibility of the consignee.
STEP 2
Additional sample runs of a known
TUA Systems material is charged at the fee of $300/lot for 1-24 sample
pieces, F.O.B., Merritt Island, FL
Custom Blends:
-
A Research and Development
Purchase Order must be issued to initiate the custom blending of
formulas per customer requirements. This purchase order will be
posted for a 100 hours for a fee of $100 per hour, with a 3-hour minimum
time per trial (blending to include testing usually takes between 7-8
hours)
STEP 3
Upon selecting the formula that
meets the customer requirements, TUA Systems will generate a per piece price
quotation based on the quantity/complexity of coating the device at TUA
Systems' facility.
The license agreement will contain some or all of
the following:
-
Base license fee paid in
full or installments
-
Royalty per piece of each
device coated
-
Price per pint/liter/gallon/drum
of formula
-
Legal fees, travel expenses
and per diem charge for start up assistance and any travel on behalf of
the licensee
-
Audits by an independent
agency to monitor royalties w/ accompanying audit fees
Exclusive agreements and sales of formulas are
available