Re: 23 signings, positive Markman, positive financials....someth... is very wrong...

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Re: 23 signings, positive Markman, positive financials....someth... is very wrong...

in response to

Re: 23 signings, positive Markman, positive financials....someth... is very wrong...

JG42

posted on Oct 29, 2007 10:33AM

"But my question is, is it possible that all these recent signings have some sort of out clause for the licensee if an adverse legal ruling were to invalidate certain ptsc patents"

Although im not 100% sure.... (would have been a great question for the SHM meeting)..... i seriously doubt PTSC/TPL would have a clause for that in the license.

I more willing to believe that in the contract or license for the MMP, there is a clause that the licensee can not sue TPL/PTSC should they lose a patent dispute in court.

The reason being that PTSC/TPL is giving the company an opportunity now to sign the MMP license for a considerably low cost. Also there no way PTSC/TPL would have distributed the revenues for the licenses if here was a possibility of it being returned. (Eg. Could sit in an account until the trial was over).