Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 2
- Health Product means medicines, in vitro diagnostics (IVDs), and medical equipment developed with substantial investment.
Relevant Contract Types
Relevant Circumstances
- Licensing of intellectual property
- Biotech and pharmaceutical research
- Complex distribution agreements
Relevant Sectors
Health Product means any substance, preparation or device related to healthcare management
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