From Linda Pullan,Sharevault pharma deal article:
Post# of 72440
he 2014 BIO Convention and ShareVault Getting Ready for a BioPharma Partnering Deal
"The full agreement takes the content from the term sheet and adds additional legal language as well as additional terms that may not be in the term sheet, such as how information will be shared, ownership and prosecution of IP, and the ownership of new inventions
The Full Agreement
ð Once the full agreement is acceptable to both parties and is signed the partnership begins. Keep in mind that these processes to a deal are generally typical, however, every negotiation is unique and when successful leads to a partnership that is also unique—and more likely to be fruitful.
If a lawyer hasn’t been involved up to this point, this is where a good lawyer with experience in pharmaceutical licensing transactions is absolutely essential."
The above is essentially what's left now that Leo has signed the term sheet(s)
Kelt