PATENTS AND INTELLECTUAL PROPERTY RIGHTS
We protect our proprietary therapeutic products, assets and technologies by seeking and maintaining both domestic and international patent rights. These may cover products, compositions, methods of use, manufacturing processes, and other inventions that may be important to our business strategy. We also rely on trade secrets to protect aspects of our business.
Our competitive position depends on our ability to obtain patents on our technologies and our potential products, to defend our patents, to protect our trade secrets and to operate without infringing valid and enforceable patents or trade secrets of others. We seek licenses from others as appropriate to enhance or maintain our competitive position.
According to Patent No 8,637,075. a nanoparticle composition comprising colostrum Lactoactive® is formulated for treating diseases and/or conditions. Relieving the limited status due to the poor mechanical properties, rapid degradation, and in vivo clearance when bovine colostrum is used, our Lactoactive® is valuable to modify new bio/pharmaceutical industries.
In connection with our programs under Topical Drug, Systemic Drug & Supplement, and Cosmetics we hold a worldwide, perpetual, non-exclusive, license, with the right to sublicense, all the intellectual property related to the composition of matter of Topical Drug, Systemic Drug & Supplement and Cosmetics and plan to file U.S. and international patent applications.