Hello Everyone,
I was doing some reading and came across this article https://www.prnewswire.com/news-releases/cardiex-subsidiary-atcor-submits-new-us-patent-for-medical-wearable-sensor-technology-301087987.html and the screenshots are below
For a technology businesses in particular intellectual property is one of the most important assets they have. And intellectual property protected by a patent – meaning no one else can use that same intellectual property. This provides a significant advantage over potential competitors. Also the value of patents lies in the strategic advantage gained by excluding others from using the intellectual property. To be valuable, the exclusionary rights should be strategically aligned with business objectives which clearly mentioned in Craig Coopers quotation in the below announcement in July 2020.
US provisional patent application for PPG sensor is very important for the US market. Also in general having a patent in US makes it more likely the business will be granted patent protection elsewhere. Cardiex wholly own subsidiary Atcor has compelling intellectual property, patents that protect it and a clear strategy to exploit its advantage. Together these are all signposts to a great future investment.
I am not an IP expert, maybe guys in here can shed some light. Does it mean all these multibillion dollar companies such like Apple, Samsung, Garmin, Mobvoi and Fitbit needs a license from Atcor to use its PPG sensor on a wearable devices such as smartwatch or mobile phone if they use certain method which is already protected by ATCOR patented technology. If that's the case than Cardiex PPG sensor intellectual property worth hundreds and millions of dollars ???
In my opinion its just a matter of time and we all be rewarded for our patience.
All in my opinion and research. Good luck to all.
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