This is a question for Formulators, Laboratories, and Manufacturers. I spoke this morning with a Contract Manufacturer who is re-evaluating his contracts. He has always had a poorly defined standard and his Attorney is revising these documents.
He asked me if there were any contract issues that I have seen come-up that should be addressed. With the companies I am working with the biggest issue we have to define is the ownership of the IP (Formula). It seems that even with the increase in emerging lines that this is still missed.
From your experiences, was there ever a time a contract saved you? Or when you wish you had addressed an issue in your contracts?
I understand that due to NDA considerations we need to discuss broad subjects.
email@example.com Microformulation Cosmetic Consulting provides Custom Formulations for both large Commercial accounts as well as smaller entrepreneurs. We can provide Naturally compliant Formulations under the NSF, NPA, Whole Foods and USDA Organic Certifications. BS.Pharm Albany College of Pharmacy, Union University.