Why is having a U.S. Patent so important?
A patent is a set of exclusive rights granted by a state to an inventor or his assignee for a limited period of time in exchange for a disclosure of an invention. A patent application must include one or more claims defining the invention, which must be new, inventive, unique, and useful or industrially applicable. The exclusive right granted to a patentee in most countries is the right to prevent others from making, using, selling, or distributing the patented invention without permission. Under the World Trade Organization’s (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights, patents should be available in WTO member states for any inventions, in all fields of technology, and the term of protection available should be minimum twenty years. Our business partner, PURE Bioscience, Inc, is the patent holder of SpectraSan 24’s active ingredient Silver Dihydrogen Citrate (SDC) concentrate. PURE Bioscience is a NASDAQ publicly traded company that trades under the symbo
