Master Alliance Provisions Guide (MAPGuide)

CEPI CfP3i Template Funding Agreement

  • Business model | Benefit sharing

<p class=”p1“><span style=”textdecoration: underline;”><strong>15. Sharing of Commercial Benefitsstrong>span>p>
<p class=”p1“><i>[This Clause 15 explains that, although CEPIs awards are intended to result in vaccines for Outbreaks most likely to occur at scale in LMICs, there may be other markets in which Project Results will have commercial value, for example, in the production of traveler vaccines or other products appropriate for nonOutbreak purposes. CEPI is obligated to its own funders to seek a share of nonOutbreak commercial benefits as a contribution to support CEPIs programme activities. CEPI is willing to discuss reasonable commercial benefit sharing at a time in the future when commercial benefits are predictable or to include a specific approach in this Agreement.] i>p>
<p><strong>15.1 Sharing of Commercial Benefits.strong> CEPI has committed to its own funders to obtain a share of Awardees <a href=”#kt“>Commercial Benefitsa> as a contribution to support CEPIs programme activities.p>
<p><strong>15.2 CEPIs Commitment.strong> CEPI will work with Awardee to ensure that the risks, costs and benefits of Product development and commercialization are accounted for fairly, proportionately and reasonably when calculating an appropriate share of any Commercial Benefits. Mechanisms for benefit sharing may include: sharing of profits, other than those arising from activities directly related to the curtailment of an <a href=”#kt“>Outbreaka>, as a way to support CEPIs future awards; a specific commitment in relation to <a href=”#kt“>Equitable Accessa>; a commitment to participate in future award programmes; the allocation of certain percentages of Product doses for distribution after the end of the Project as determined by CEPI; the provision of inkind services in support of CEPIs mission; or in other appropriate ways agreed with CEPI.p>
<p><strong>15.3 The Awardee will:strong>p>
<p style=”paddingleft: 40px;”>(a) share Commercial Benefits with CEPI through an appropriate mechanism agreed by the Parties;p>
<p style=”paddingleft: 40px;”>(b) notify CEPI as commercial activities which benefit from the <a href=”#kt“>Project Resultsa> are undertaken along with, if relevant, an indication of how Commercial Benefits might be shared; andp>
<p style=”paddingleft: 40px;”>(c) provide CEPI with the information reasonably required to assess the formulation and calculation of an appropriate mechanism for sharing of Commercial Benefits.p>