Excactly Peter, It is unusual that patents are granted in Japan as quickly as this. Its granting provides Anteo with further confidence in the quality of the science and security over the intellectual property (IP) in a commercially large jurisdiction.
Freely translated: It is unusual that patents are granted in Japan as quickly as this due to pending successful negotiations within the IVD market to secure an exclusive signature with one of the majors which allows ADO to exploit the opportunities in other application fields allowing ADO higher royalties and a stronger financial base to move into JVs in other markets.
When patents are rushed we can assume that a large company does help with the process indicating negotiations in a market we did not expect to take off this quickly.
ADO Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
