Once again, QMC is the only company in this space with

New Post Public Reply Private Reply Replies (0) Message Board
Crunch55
370
Once again, QMC is the only company in this space with issued patents, and a FTO analysis on their QD continuous flow process.

Freedom to operate

Summary and Overview
Freedom to operate (FTO), a simple and straightforward concept, means that for a given product or service, at a given point in time, with respect to a given market or geography, no intellectual property (IP) from any third party is infringed. But to translate this concept into a productive strategy for companies and for public sector institutions alike is not so straightforward.
For public sector organizations, the opportunities presented by incorporating FTO considerations into product development strategies are numerous. These may include benefits through higher competitive intelligence, the ability to bring about culture change, and the forging of strong partnerships with providers of intellectual property and technology. An FTO strategy, therefore, is a plan that begins with research into the IP landscape of a potential product and evolves into an attitude through a product’s R&D and commercialization/distribution cycle. Krattiger discusses these policy and strategy elements in detail.1 It is useful, however, to first consider how FTO analyses are conducted before reviewing the principal FTO strategies.
At the beginning of a research project, a company would typically consider scientific feasibility, the effect of the research on the organization’s business position (whether or not the research and the product would eventually strengthen its competitive position), the project’s impact on financial status in terms of costs and potential rewards, and legal aspects (such as infringement risks). That is where an FTO analysis comes in as an initial, cursory, or quite possibly detailed, overview of the patent landscape and competitors’ positions. Hence an FTO analysis need not be a costly legal FTO opinion (note that an FTO opinion is rendered by patent counsel whereas an FTO review can have any level of legal review, or none). Rather, an FTO analysis is an assessment of the set of patents and other IP rights that are or would be connected to the product and/or method under consideration. Kowalski2 outlines in detail how different levels of FTO analyses are conducted in practice. Addressing scientists, business people, and legal staff, he describes how products and/or methods are broken down into fundamental components, processes, and combinations thereof, and then how each component is carefully analyzed for attached IP rights of third parties. An FTO analysis, irrespective of the level of detail, requires good preparation, systematic review, and rigorous record keeping.
Although FTO is often viewed as simply a legal issue, when approached from a more practical product-development perspective, FTO is a strategic risk-management tool; it relies on a synthesis of scientific and legal expertise, business development, and strategic planning. FTO for a given product in a given market is difficult to achieve because it can never conclusively be established. Obtaining FTO, therefore, becomes a strategy, or even a position, mindset, or culture. This is because the patent landscape is dynamic: new patents issue; old patents expire; some patents are abandoned. Therefore, freedom to operate does not imply absolute freedom from the risk of infringing another party’s intellectual property. Whether or not FTO exists is an assessment based on the analysis and knowledge of IP landscapes for a given product, in a given jurisdiction, at a given point in time. This statement underscores a critically important principle: there can be no risk-free decision.
FTO is thus a concern that remains throughout the R&D process, to commercialization and even afterward. By setting a goal of having reasonable FTO, a set of ten FTO strategies for managing potential IP infringement are proposed and discussed in detail by Krattiger in Chapter 14.1 (Table 1). In practice, typically two or more of these strategies will be adopted, with the specific mix of strategies varying. Which strategies will be appropriate depend on, for example, how advanced the product is, the type of organization that develops the product, and relevant market dynamics. And not all of the listed strategies are feasible for public sector institutions.
How much attention should a public sector organization give to FTO? Since some public sector research is not directly intended for commercial use, the answer is sometimes quite simple: Not much. This condition certainly applies to a great deal of university research. However, if the project is specifically aimed at product development, a goal that is becoming more prevalent in the public sector, then FTO becomes a concern. For example, through collaborations with product-development partnerships (PDPs), the primary reason for funding the research is to develop products to help the poor. Such is the case also for the research centers of the Consultative Group on International Agricultural Research (CGIAR) and for many national agricultural research systems (NARS). Universities, too, are shifting their research focus; some manage their innovations in novel ways and aim to bundle technologies and intellectual property in order to license “solutions” rather than individual patents.
A relevant example of the importance of the public sector managing FTO is the development of Golden Rice.4 No attention was given to FTO until the first material was nearly ready for transfer to developing countries. The Rockefeller Foundation then commissioned an FTO analysis that demonstrated, first of all, how many inventions from scientists around the world enabled— or accelerated—the development of Golden Rice. Although a large number of patents—and patent applications—were identified, the FTO analysis also demonstrated that licenses to only a few would be required for the transfer to and use of Golden Rice in developing countries. The FTO analysis provided a list of primary owners of patents (and of materials that went into Golden Rice under material transfer agreements) for which licenses were needed. With the leadership of the Rockefeller Foundation and Syngenta, a large agro-chemical company headquartered in Switzerland, the relevant intellectual property was quickly assembled (or in-licensed) into a package. That package then was licensed, essentially royalty-free, to public sector institutions in developing countries. This approach, in essence, represents the various aspects of FTO, from analysis to strategy, to action.
Each of the ten strategic approaches to obtain FTO listed in Table 1 presents certain risks and opportunities. Any action—including the decision not to take action—carries risk. Delaying the licensing of third-party intellectual property, for example, could lead eventually to expensive licensing terms, the inability to obtain a license, or the possibility of being sued for patent infringement. For some organizations, such as those developing genetically modified crops (GMOs), the opposite may be the case (where it might be advantageous to delay in-licensing) due to stewardship issues that are the main concern with biotechnology crops. Krattiger concludes his discussion, in Chapter 14.1, by urging the public sector to:
judiciously evaluate whether and when FTO concerns should be considered
build in-house capacity to conduct patent searches and cursory FTO analyses (as opposed to legal opinions)
Table 1: The Ten Strategic FTO Options
Source: Krattiger, 2007.3 The original table in Chapter 14.1 also includes a column listing the key challenges for the public sector for each of the ten strategies.
One of the underlying “technologies” for conducting an FTO analysis is the patent search. Such searches are also relevant when an institution is deciding whether to file a patent on a new invention (meaning when one is searching for prior art) or when scientists want to review patent literature. Fortunately, many IP search tools are accessible online at no cost. The chapter by Thangaraj, Potter, and Krattiger5 provides a “guided tour” of online patent search engines, including a description of the major ones:
the European Patent Office (EPO’s esp@ cenet)
the U.S. Patent and Trademark Office (PTO)
the Patent Cooperation Treaty (PCT) Web interfaces of the World Intellectual Property Organization (WIPO)
In addition, the chapter reviews subscription-based services and other paid services, such as Delphion and Derwent World Patent Index (DWPI). Although the discussion is by no means exhaustive, the chapter lists links to many useful sites.
The chapter by Fenton, Chi-Ham, and Boetiger6 provides an examination of how the private sector thinks about FTO. Offering a comprehensive overview of the FTO process, the chapter sheds light on when to invest in FTO analysis and highlights the important role played by law firms in obtaining FTO. As mentioned earlier, for the public sector the strategic relevance of FTO is quite different from that of the private sector. Even when the public sector intends to commercialize products, its mission and goals differ from those of the private sector, and deciding when to pursue FTO becomes a very different question. Nonetheless, given the growing number of public-private partnerships, it is important for the public sector to understand how private companies approach FTO issues. This chapter discusses both private- and public-sector considerations for deciding whether, when, and how an FTO analysis should be conducted.
FTO analysis defines options; it provides a map of the relevant IP landscape. Hence, an FTO analysis presents the most viable options for achieving institutional goals. Fenton and colleagues conclude their discussion with a case study of an FTO analysis initiated by the Public Intellectual Property Resource for Agriculture (PIPRA). The case study explains the process used by PIPRA, from defining the scope of the investigation, to the delivery of the findings.
In the last chapter of Section 14, Boadi7 looks at the aspect of FTO that includes legal liabilities beyond intellectual property and, appropriately, considers stewardship as the central tool to managing liabilities. The legal framework for dealing with liability relies on the country, or legal jurisdiction, in which the intellectual property is being exploited. Even so, GMOs (and indeed non-GMOs) have the potential to cross national borders. This has led to intense debate about whether a liability regime specific to such organisms and crops should be created. Providing an overview of current common law and statutory theories of liability, the chapter considers liability issues facing public sector efforts to develop and disseminate agricultural biotechnologies.
While debate rages about liability and redress issues contained in the Cartagena Protocol on Biosafety, developing countries need to think carefully about how to manage liability today. Referencing the African Agricultural Technology Foundation (AATF), Boadi provides several liability-management practices that can be of great value, including:
ensuring compliance with intellectual property, license, and regulatory requirements
including indemnification provisions in technology transfer agreements
using warranty disclaimers
obtaining letters of nonassertion
adhering to appropriate technology stewardship best practices
Already, innovative developing countries (or IDCs), including India, Korea, China, Brazil, South Africa, and others are embracing novel opportunities provided by the new global IP regime. Having established technology transfer offices (TTOs) for organizations in both the public and private sectors, these countries have overseen the controlled, streamlined transfer of crucial technologies, often with clear public benefits. Such efforts, of course, require investments in both infrastructure and personnel to in-license, out-license, and ensure that investments in product development are accelerated through appropriate FTO considerations during the R&D process and beyond.

Quantum Materials Corp. (QTMM) Stock Research Links

QTMM Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Exploring Shenzhen's Future Beyond Its Skyline

Updated Category News Views 70

Unveiling the True Spirit of Shenzhen Who's got the guts to look beyond glistening skyscrapers and see what really makes a city tick today? That's what Malcolm Clarke, the maestro behind two Oscar-winning flicks, is doing with his latest documentary, Shenzhen: People Who Build the Future. He's not just swooping in to admire the skyline—he's digging deep, aiming to...

Continue Reading
WareSpace Expands in U.S. with Key Site Acquisitions

Updated Category News Views 6

WareSpace's National Growth Strategy: A New Expansion Chapter They say everything's bigger in Texas, but WareSpace is showing that smaller can be mighty impactful too. With its shrewd acquisition of sites in Houston's Inner Loop and Fremont's Warm Springs corridor, WareSpace is playing it smart, appeasing that roaring demand for tiny but mighty warehouse spaces across...

Continue Reading
Pudu Robotics: Mowing lawns, Automating Homecare!

Updated Category News Views 40

Scaling Down: Robotics Meet Your Front Yard Imagine kicking back with a cold one while your new fancy robot takes care of the lawn. Sound like a sci-fi fantasy? Nope, that's the reality Pudu Robotics is peddling with their PUDU TOMO S Series. And boy, they're promising a lot more than just a breather from weekend chores. From Corporate Corridors to Quiet Suburbs Pudu's...

Continue Reading
LUX Infusion Expands in Nebraska with New Acquisitions

Updated Category News Views 46

Strategic Expansion: LUX Infusion's Bold Move When it comes to healthcare, it's often about pulling the right strings at the right time, and today, LUX Infusion's got their timing spot on. They've swooped in with a savvy acquisition, taking over two key specialty infusion centers in Lincoln and Omaha. This isn't just a pencil-pusher's cynical corporate move; it's a push...

Continue Reading
New Xavier Ochsner College of Medicine Opens Applications

Updated Category News Views 59

Paving New Paths in Medical Education Out of the vibrant hub of New Orleans comes a fresh twist in the world of medical education: the Xavier Ochsner College of Medicine is now taking applications for its 2027 debut class. The key here is a powerhouse collaboration between Xavier University of Louisiana and Ochsner Health. These are big names in their own right,...

Continue Reading
Steven Johnson Boosts Latham's Tax Team in D.C.

Updated Category News Views 120

Another Day, Another Big Hire in D.C. You'd think the revolving doors at these law firms were tied to Wall Street's cycles. Latham & Watkins, one heavyweight in the legal arena, is pulling a classic power move, snapping up Steven Johnson for their Washington, D.C. office. He ain't just some guy off the street; Johnson's got a résumé that reads like a textbook on federal...

Continue Reading
Reju Partners with Six Mills to Advance Textile Regeneration

Updated Category News Views 153

Big Moves in Textile Regeneration Now here's a move that's got the fabric world buzzing: Reju, the scrappy textile-to-textile regenerative powerhouse, is teaming up with six mills spread across Europe and the U.S. They’re setting the stage to crank up their polyester recycling game and flood the market with sustainable, eco-friendly fabrics. It's a bold step toward...

Continue Reading
Capitol Pulse Survey Shows Staffers' Radical Shift

Updated Category News Views 106

Generational Shifts and Ideological Alignments Among Congressional Aides There's no denying it, things are heating up on Capitol Hill—not in chambers, but in the offices. A fresh Capitol Pulse survey is shoving this under the spotlight, dissecting how congressional staffers’ political ideologies stack up against their bosses'. Conducted by CNCT and dissected by...

Continue Reading
Hunan Courts European Investors with Strategic Initiatives

Updated Category News Views 58

Seizing the European Spotlight You've heard of places making a splash, but Hunan smashing through the scene in Europe? Now that's a move you don't see every day. This Chinese province is dead set on stealing the European investment show, with a slick meet-and-greet tour across Germany and Switzerland. What's cooking in Hunan isn't your typical rice porridge—it's a...

Continue Reading
MemorialCare Expands Cutting-Edge GERD Treatment Options

Updated Category News Views 182

Shifting the GERD Treatment Paradigm While everyone's talking about breakthrough technologies like AI and blockchain in medicine, MemorialCare seems to have quietly flipped the script on treating gastroesophageal reflux disease (GERD). They're sidestepping conventional maneuvers by embracing two procedures known as transoral incisionless fundoplication (TIF) and its...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding Market Sentiment for Digital Realty Trust Inc.

Updated Category News Views 161

Understanding Market Sentiment for Digital Realty Trust Inc. Digital Realty Trust Inc. (NYSE: DLR) has recently seen an increase in short interest, rising by 4.89% since its last report. Current exchange data indicates that there are now 8.26 million shares sold short, representing 3.22% of the total shares available for trading. At the observed trading volume, traders...

Continue Reading
Insightful Outlook for IBM's Earnings: Growth and Valuation

Updated Category News Views 282

IBM Earnings Overview IBM (NYSE: IBM) is set to release its Q4 ’24 earnings report soon, a much-anticipated event for investors. Analysts expect this release to showcase a blend of performance metrics that will provide insights into the company's trajectory in a rapidly evolving tech landscape. The consensus estimate points to earnings of around $3.75 per share on...

Continue Reading
Join the Class Action Against Terran Orbital Corporation Today

Updated Category News Views 27

Take Action: Class Action for Terran Orbital Corporation Shareholders The Gross Law Firm has an important message for shareholders of Terran Orbital Corporation (NYSE: LLAP). It is crucial to act promptly if you purchased shares during the class period. Who Should Participate? Shareholders who acquired LLAP shares during the designated time are encouraged to reach out to...

Continue Reading
IDX Composite Index Rises: Positive Trends in Indonesia Stocks

Updated Category News Views 253

Indonesia Stock Market Update The Indonesian stock market has recently shown an upward trend, with the IDX Composite Index climbing by 0.52% at the close of trading on a Monday. Key sectors contributing to this growth included Financials, Agriculture, and Basic Industry, indicating a robust performance by these areas. Top Performers of the Day Leading the charge on the...

Continue Reading
Understanding the Class Action Against SoundHound AI, Inc. (SOUN)

Updated Category News Views 293

Class Action Lawsuit Against SoundHound AI, Inc. Levi & Korsinsky, LLP is alerting investors regarding a significant class action lawsuit concerning SoundHound AI, Inc. (NASDAQ: SOUN). This lawsuit aims to address grievances from shareholders who may have suffered losses due to alleged securities fraud within a defined timeframe. Nature of the Lawsuit The class action...

Continue Reading