Patent law

InventHelp Inventor Develops Fun Basketball Game for Use Indoors (CNC-532)

Retrieved on: 
Wednesday, July 29, 2020
Patent law, Intangible assets, Human behavior, Creativity, Invention, Science, Humans, Patent, Inventor, Articles

The patent-pending invention provides a fun basketball-style game for use indoors.

Key Points: 
  • The patent-pending invention provides a fun basketball-style game for use indoors.
  • As a result, it could provide added entertainment and it could spark friendly competition.
  • The invention features a simple design that is easy to set up and use so it is ideal for children and adults.
  • The inventor described the invention design.

InventHelp Inventor Develops Recording System for Vehicles (CKL-1350)

Retrieved on: 
Tuesday, July 28, 2020
Human behavior, Patent law, Humans, Creativity, Invention, Science, Cognition, Inventor, HABIT

As a result, it increases accuracy, safety and peace of mind and it could help to promote good driving habits and behavior.

Key Points: 
  • As a result, it increases accuracy, safety and peace of mind and it could help to promote good driving habits and behavior.
  • The invention features a versatile design that is convenient and easy to use so it is ideal for vehicle owners and manufacturers.
  • The inventor described the invention design.
  • The original design was submitted to the Chicago sales office of InventHelp.

Nuvolo, The Connected Workplace Company, Expands IP Portfolio with New Patents for Space Planning and Facilities Management

Retrieved on: 
Tuesday, July 28, 2020
Monopoly, Patent law, Patent

10,628,616 on April 21, 2020 and will soon issue a second patent relating to Space Planning and Management, as part of Nuvolo's Connected Workplace Platform.

Key Points: 
  • 10,628,616 on April 21, 2020 and will soon issue a second patent relating to Space Planning and Management, as part of Nuvolo's Connected Workplace Platform.
  • These two patents are directed to the automated interpretation of CAD diagrams, extraction of space attributes and profiles and the calculation of space data.
  • The patented intellectual property enables a modern, interactive floor map experience for all space management teams and end users within the enterprise.
  • "These new patents expand Nuvolo's existing patent portfolio and fundamentally strengthen our technology leadership position in the ServiceNow ecosystem.

Crescita to Receive One-time Cash Payment Following Amendment to Pliaglis® U.S. Licensing Agreement

Retrieved on: 
Tuesday, July 28, 2020
Dosage forms, Expense, Intellectual property law, Patent law, Royalty payment, Cream, Cosmetics, Health

The Amendment entitles Crescita to receive a one-time payment of US$3.9 million (approximately CAD$5.2 million), largely representing a royalty adjustment to past sales as well as an upward modification of future royalty payments.

Key Points: 
  • The Amendment entitles Crescita to receive a one-time payment of US$3.9 million (approximately CAD$5.2 million), largely representing a royalty adjustment to past sales as well as an upward modification of future royalty payments.
  • The Company continues to pursue out-licensing partnerships with focus on approximately 20 countries where Pliaglis has already received regulatory approval.
  • Pliaglis is a topical local anaesthetic cream that provides safe and effective local dermal analgesia on intact skin prior to superficial dermatological procedures.
  • Formulations manufactured by or for Crescita include cosmetics, natural health products ("NHP") and products with Drug Identification Numbers ("DIN").

DigitalAMN Finalizes Onboarding of Music Royalty Sharing App, Vezt Inc.

Retrieved on: 
Tuesday, July 28, 2020
Expense, Intellectual property law, Patent law, Royalty payment, Record label, Music publisher, Articles, Creativity

Equally important, and why this project matters to us; its on-brand for DigitalAMN.

Key Points: 
  • Equally important, and why this project matters to us; its on-brand for DigitalAMN.
  • Management intends to leverage the PAI ecosystem to assist Vezt with its continued business development, visibility, and capital formation.
  • Vezt is the first intellectual property rights ecosystem where fans can participate in the royalties of their favorite songs and videos.
  • Vezt works with both independent and established artists, writers, producers, and content creators, as well as record labels and music publishers.

Chi-Med and Lilly to Collaborate in Commercializing Elunate® in China

Retrieved on: 
Tuesday, July 28, 2020
Expense, Intellectual property law, Patent law, Royalty payment, Marketing strategy, INDIANA

Under the terms of the 2020 Amendment, Lilly will maintain the exclusive commercialization rights, and as a consequence, will continue to consolidate the sales of Elunate in China.

Key Points: 
  • Under the terms of the 2020 Amendment, Lilly will maintain the exclusive commercialization rights, and as a consequence, will continue to consolidate the sales of Elunate in China.
  • Chi-Med will collaborate with Lilly in commercializing Elunate across China.
  • Lilly and Chi-Med will continue to collaborate, as before, in the formulation and execution of national marketing strategy and events in China for Elunate.
  • Subject to meeting pre-agreed sales targets, Lilly will pay Chi-Med an estimated total of 70% to 80% of Elunate sales in the form of royalties, manufacturing costs and service payments.

InventHelp Inventor Develops Teepee Log Stand (BMA-5528)

Retrieved on: 
Monday, July 27, 2020
Human behavior, Humans, Patent law, Learning, Campfire, Camping, Fireplaces, Patent Pending, Invention

They developed the SPIDER FIRE, patent-pending, that could save time and effort while creating an attractive fire.

Key Points: 
  • They developed the SPIDER FIRE, patent-pending, that could save time and effort while creating an attractive fire.
  • This invention makes it easier to start as well as feed a campfire as the wood would remain neatly configured in a teepee shape.
  • The original design was submitted to the Boston sales office of InventHelp.
  • 19-BMA-5528, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext.

InventHelp Inventor Develops Protective Accessory for Gurneys (BTM-2772)

Retrieved on: 
Monday, July 27, 2020
Patent law, Human behavior, Humans, Ambulance, Patent, Invention, Blanket, Articles

The patent-pending invention facilitates the movement of patients on gurneys outside during cold and/or inclement weather.

Key Points: 
  • The patent-pending invention facilitates the movement of patients on gurneys outside during cold and/or inclement weather.
  • In doing so, it offers an improved alternative to traditional blankets or covers.
  • As a result, it enhances patient comfort and warmth and it provides added protection and peace of mind.
  • The invention features an effective design that is easy to use so it is ideal for ambulances and medical facilities.

BRK Shareholder Update on Key Commercial and Strategic Developments

Retrieved on: 
Friday, July 24, 2020
Intellectual property law, Expense, Patent law, Royalty payment

In addition, under the terms of a newly augmented IP Agreement, BRK shall receive royalties of ten percent (10%) of net revenues for ten (10) years.

Key Points: 
  • In addition, under the terms of a newly augmented IP Agreement, BRK shall receive royalties of ten percent (10%) of net revenues for ten (10) years.
  • At year ten, Gen 2 Technologies will have an option to buy the core IP from BRK for USD$50M.
  • Management has obtained key support for future capital market financing activities subject to the development of adequate commercial prototypes.
  • Information on BRK Inc.'s website, http://www.brkgen2.com does not constitute a part of this release.

Dorchester Minerals, L.P. Announces Its Second Quarter Distribution

Retrieved on: 
Thursday, July 23, 2020
Expense, Intellectual property law, Patent law, Royalty payment, Dorchester, Boston, Geography of Massachusetts

DALLAS, TEXAS, July 23, 2020 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnerships second quarter 2020 cash distribution.

Key Points: 
  • DALLAS, TEXAS, July 23, 2020 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnerships second quarter 2020 cash distribution.
  • Cash receipts attributable to the Partnerships Royalty Properties during the second quarter totaled approximately $6.3 million.
  • Cash receipts attributable to the Partnerships Net Profits Interests during the second quarter totaled approximately $4.0 million.
  • Nominees, and not Dorchester Minerals, L.P., are treated as withholding agents responsible for withholding on distributions received by them on behalf of non-U.S. investors.