Results 1 to 3 of 3

Thread: New Patent Idea; Need Help choosing who will be the better company to develop it?

  1. #1
    Junior Member
    Join Date
    Sep 2012
    Location
    Edenvale
    Posts
    22
    Thanks
    0
    Thanked 0 Times in 0 Posts

    New Patent Idea; Need Help choosing who will be the better company to develop it?

    Click image for larger version. 

Name:	Patent Applicator +Web.jpg 
Views:	51 
Size:	33.6 KB 
ID:	7011

    Hi attach is the image of the invention been register and the patent grant it.
    You know how they say "Necessity is the Mother of all Inventions" and after having a huge infection in my leg under the skin, I try every plaster in the market to hold the Fucidin and Medaspor in place so the skin will absorb the cream and slowly heal the leg, they all fail and after a brain storm I attach a "O" Ring to the plaster it work like a charm, the mix stay in place without invading the sticky part of the plaster, after I got better I decide to patent it and one day the public can just go to a pharmacy choose the size of the Round Plaster with the right size "O" Ring that will surround the wound sometime the wound is too big then will it be big plasters with "Square" rings where will excel is in the use on burn skin keeping it cover but without the plaster touching the burn skin, the uses are many. So now you know what is all about my invention of a “Medicine Cream Applicator”. Now I need your help on choosing what company deserves to get such a good idea, the companies I found are:
    From 3M- Nexcare - BAND AID - Johnson & Johnson - Elastoplasts – Endomed – Kendon – Evachem – Medinox – Hartmann – Systagenix – Neomedic – Smith & Nephew
    The choice is yours, the company that get more votes wins Monday 12 of Feb will be the last day of Voting, Democracy at the best, Good Luck choosing the right one, me I’m clueless…..

  2. #2
    Diamond Member Justloadit's Avatar
    Join Date
    Nov 2010
    Location
    Johannesburg
    Posts
    2,775
    Thanks
    97
    Thanked 564 Times in 479 Posts
    Blog Entries
    1
    The biggest problem is to get a buy in from any of the companies you have suggested. Best is to get an appointment with each one, and make a presentation of your invention. If they are interested, they will make an offer, else move on to the next.

    Just bear in mind, that you will be like a sardine in a tank full of sharks, so ensure that you are alert at all times.

    If at all possible, do not sell the patent, but rather collect a royalty for using the patent on each product they sell. Whilst you will not get a lump sum up front, it will be a long term income stream.

    Before signing any agreement, get an attorney involved to protect you, and if at all possible get them to deal with your attorney at all times.
    Also avoid trying to tie in if at all possible to give exclusive right to one company.
    Victor - Knowledge is a blessing or a curse, your current circumstances make you decide!
    Solar and LED lighting solutions - www.microsolve.co.za

  3. #3
    Junior Member
    Join Date
    Sep 2012
    Location
    Edenvale
    Posts
    22
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Smile Nice Advice

    That is a lot to learn.
    I'm a member of legal wise for long time, do you think I can ask to them for help?
    Thanks a lot for the Great Advice!

Similar Threads

  1. Design / Develop new website
    By Faan in forum Technology Forum
    Replies: 20
    Last Post: 16-Jan-18, 10:29 AM
  2. Best area to buy or develop property in
    By reuphk in forum General Business Forum
    Replies: 2
    Last Post: 22-Sep-14, 01:53 PM
  3. You want to develop your Business in France
    By Guillaume in forum General Business Forum
    Replies: 1
    Last Post: 05-Jun-13, 04:37 PM

Tags for this Thread

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •