Patent monetization

Second U.S. Patent Issued for Safety Shot’s JW-700 Which Boosts Effectiveness of Minoxidil (Rogaine®) in $1.5 Billion Hair Growth Market

Retrieved on: 
Wednesday, October 25, 2023

US 11,766,392 for JW-700, a topical treatment designed to improve minoxidil’s efficacy, marking a significant milestone in the development of treatments for androgenetic alopecia, or hair loss.

Key Points: 
  • US 11,766,392 for JW-700, a topical treatment designed to improve minoxidil’s efficacy, marking a significant milestone in the development of treatments for androgenetic alopecia, or hair loss.
  • This is the second U.S. patent issued for JW-700 this year and adds to the growing global IP estate for Safety Shots Legacy products.
  • Minoxidil is a widely used for the treatment of hair loss sold under brand names including Rogaine® and Hair Regrowth for Men®.
  • This issued patent discloses composition and methods for inducing the expression of sulfotransferases in hair follicles and expands patent protection on JW-700’s new formulation.

New Executive Leadership Team Appointed to Accelerate XOMA’s Differentiated Royalty Monetization Strategy

Retrieved on: 
Wednesday, January 4, 2023

EMERYVILLE, Calif., Jan. 04, 2023 (GLOBE NEWSWIRE) -- XOMA Corporation (NASDAQ: XOMA), the Biotech Royalty Aggregator, announced today Jim Neal has retired as Chief Executive Officer and two finance and biotechnology industry veterans have joined in newly created executive leadership roles to drive the Company’s next phase of accelerated growth.  Mr. Neal has resigned as a director of the company effective January 1, 2023.  The Board of Directors has appointed Owen Hughes as Executive Chairman of the Board and Brad Sitko as XOMA’s Chief Investment Officer.

Key Points: 
  • The Board of Directors has appointed Owen Hughes as Executive Chairman of the Board and Brad Sitko as XOMA’s Chief Investment Officer.
  • “The Board recognized XOMA’s growth would be best served with a leadership structure that reflects the unique demands of the Company’s royalty aggregator strategy.
  • The Board is fully committed to supporting their efforts as they accelerate the expansion of XOMA’s royalty portfolio,” stated W. Denman (Denny) Van Ness, Lead Independent Director of XOMA.
  • Mr. Sitko brings deep expertise in royalty monetizations having been involved with the asset class for over 15 years as an investor, investment banker, and strategy consultant.

Bantec Has its U.S. Patent 10,147,067 for Drone Operated Package Delivery Receptacle Appraised

Retrieved on: 
Wednesday, September 8, 2021

LITTLE FALLS, N.J., Sept. 8, 2021 /PRNewswire/ --Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), had our U.S. Patent 10,147,067 appraised.

Key Points: 
  • LITTLE FALLS, N.J., Sept. 8, 2021 /PRNewswire/ --Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company"), had our U.S. Patent 10,147,067 appraised.
  • Michael Bannon, Bantec's Chairman and CEO stated: "We contracted with Appraisal Economics, a highly respected independent patent appraisal company, to evaluate our Patent No.
  • U.S. 10,147,067 drone package delivery technology.Appraisal Economics concluded the patent's worth is approximately $350,000.We intend to approach big players already invested in the package delivery market such as Walmart, Amazon, FedEx, DHL, Boeing, and others with potential proposals for licensing agreements.
  • The shift to contactless delivery due to COVID-19 has significantly sped up the delivery drone market movement.

WiLAN Subsidiary Acquires Substantial Patent Portfolio from MediaTek

Retrieved on: 
Wednesday, December 23, 2020

The acquired patents relate to a variety of technologies including power management ICs, RF ICs, embedded and NFC microcontrollers, as well as image processors.

Key Points: 
  • The acquired patents relate to a variety of technologies including power management ICs, RF ICs, embedded and NFC microcontrollers, as well as image processors.
  • WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models.
  • WiLAN operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.
  • Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF.

WiLAN Subsidiary Acquires Additional IBM Patents

Retrieved on: 
Wednesday, September 30, 2020

OTTAWA, ON, Sept. 30, 2020 /PRNewswire/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN's wholly-owned subsidiary,Elpis Technologies Inc., has acquired an additional portfolio of patents from International Business Machines Corporation ("IBM").

Key Points: 
  • OTTAWA, ON, Sept. 30, 2020 /PRNewswire/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN's wholly-owned subsidiary,Elpis Technologies Inc., has acquired an additional portfolio of patents from International Business Machines Corporation ("IBM").
  • The newly acquired patents relate to semiconductor manufacturing process technologies.
  • WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models.
  • WiLAN operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.

Heritage Global Patents & Trademarks to Conduct Global Sealed-Bid Auction of Cancer Therapeutic Patent Portfolio

Retrieved on: 
Wednesday, July 8, 2020

Heritage Global Inc. (OTCQB: HGBL, CSE: HGP) is a diversified financial services company providing acquisition, disposition, valuation and lending services for surplus and distressed assets.

Key Points: 
  • Heritage Global Inc. (OTCQB: HGBL, CSE: HGP) is a diversified financial services company providing acquisition, disposition, valuation and lending services for surplus and distressed assets.
  • Heritage Global Patents & Trademarks is the Intellectual Property Division of Heritage Global Inc. and provides a patent monetization services via Patent Auctions and Patent Brokerage on its online monetization platform The Patent Exchange.

Kajeet, Inc. Grants CUJO, LLC Software Patent License for Wireless Mobility Solutions

Retrieved on: 
Monday, June 1, 2020

The settlement resulted in CUJO entering into a license agreement with Kajeet for rights to its patent portfolio.

Key Points: 
  • The settlement resulted in CUJO entering into a license agreement with Kajeet for rights to its patent portfolio.
  • The license agreement with CUJO is the 8th patent license secured by Kajeet to date in its efforts to provide key market participants with access to its significant inventions and technology.
  • The license demonstrates the importance of the Kajeet patent portfolio to market participants, as well as the company's high-value proposition.
  • Kajeet is represented by the advisory firm Patent Monetization Inc. and the law firm Friedman, Suder, & Cooke P.C.

WiLAN Subsidiary Acquires Patent Portfolio from IBM

Retrieved on: 
Thursday, February 20, 2020

OTTAWA, Feb. 20, 2020 /PRNewswire/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN's wholly-owned subsidiary,Elpis Technologies Inc., has acquired a portfolio of patents from International Business Machines Corporation ("IBM").

Key Points: 
  • OTTAWA, Feb. 20, 2020 /PRNewswire/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN's wholly-owned subsidiary,Elpis Technologies Inc., has acquired a portfolio of patents from International Business Machines Corporation ("IBM").
  • WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models.
  • WiLAN operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.
  • For more information: www.quarterhill.com
    This news release contains forward-looking statements and forward-looking information within the meaning of the U.S.