Word: patents
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Armed with a prototype and a patent pending, Lowey Luttway talked to smaller independent stores and bigger chain stores to see if they were interested. This time, she says, "the response has been tremendous." She already has orders from a host of smaller stores and a tentative agreement with Babies "R" Us to sell the StrollerStand, which she expects to gross $500,000 a year. She has also launched a website, ParentWise.com where she encourages other moms to send in their own ideas, in return for which she promises to pay them a licensing fee. What she has found, however...
...patient in South Africa will pay $15.87 a day for a particular medication produced by Pfizer, a price that represents twice the person's average daily income. But residents in Thailand will pay less than a dollar for the same dose because Pfizer holds no patent protection there...
...mile will suit him perfectly. There is every reason to be confident that he will improve here. I would say that if he goes off at 5-2 or a little better he is worth taking a risk on." As Rout predicted, the crowd loved the No. 1 Patent, ridden by the veteran Jerry Bailey. Patent went off at even money, and Unshaded, ignored by the bettors, was sent...
...tried to patent it, but she couldn't, so we agreed to offer an honararium of one dollar to Murr for each lamp Harvard uses," Lichten said...
...LONGER LIFE FOR GOLDEN DRUGS Major pharmaceutical companies will seek legislation to extend the patent life on their most valuable drugs. In the past, such giveaways were often inserted into unrelated legislation and covered a single drug or two. But this year, watch for heavy lobbying for the granddaddy of all patent extenders. It would protect pharmaceutical company sales of $3 billion annually and add years to the profitable life of at least seven expensive drugs, such as Schering-Plough's Claritin for allergies and Eulexin for prostate cancer, SmithKline Beecham's Relafen for arthritis and G.D. Searle's Daypro...