Chapter 12 Patent Attorneys

Li Jie raised his hand slightly, and March, who was sitting at a table next to him, stood up, took out a stack of papers from his handbag and put them in front of Flor.

"Don't worry, Mr. Marcos, let's take a look at this material first."

With some confusion, Flower opened the folder in front of him, and quickly skimmed through it, showing a look of surprise and thought from time to time, and it took half an hour before he raised his head.

"If I'm not mistaken, this is a record of the development and preliminary testing of a new drug. Is this active drug, called PeD7 booster, effective against patients with eD (bo-onset dysfunction) far more effective than mainstream drugs on the market? As a senior lawyer and patent attorney, his keen sense of smell in this regard was unquestionable, and he could see the value of the new drug at a glance.

As by far the most well-known drug in the world, Viagra (Viagra) has been around for nearly two decades, and the cause and effect have long been known. Dr. Murad, known as the "father of Viagra", himself once admitted that their research was first aimed at cardiovascular diseases, and first found that ** and some related heart drugs can lead to the formation of carbon monoxide, thereby increasing the diameter of blood vessels in the body, and establishing the molecular medical theory that nitric oxide is the transmission of information in the heart and blood system. Later, it was discovered that the effect of Viagra developed by this theory on the vasodilation of male genitalia was more obvious, and the effect on the treatment of impotence was more significant.

In practice, Viagra is not suitable for all patients, such as those with heart disease, not to mention a range of other side effects that are difficult to ignore. Even in terms of efficacy, Viagra prefers to prolong the time of BO onset rather than induce BO onset.

Despite its shortcomings and drawbacks, it can't overshadow the great commercial success of Viagra (Viagra). Pfizer took this opportunity to annex Warner Lambert and Famacia to become the No. 1 pharmaceutical manufacturer in the United States and even in the world.

Google, the well-known search engine, lists more than 17 million pages that contain the word Viagra (Viagra), compared to only 3.3 million pages that contain "aspirin." According to incomplete statistics, in the world, four capsules of "Viagra" (Viagra) are taken by patients every second. Pfizer even claimed that they could sell nearly ten "Viagra" (Viagra) pills per second, that is, more than 300 million pills per year, which can be called the king of small pills.

If a new drug with better efficacy and fewer side effects can appear, the stimulation of the market can be imagined, and the benefits contained in this are simply amazing.

"This information obscures a lot of key data, and I'm afraid I can't make an accurate judgment based on it, I need more information, Mr. Li."

Despite the excitement in his heart, Flower's usual cautious style and good professionalism prompted him to be more careful and cautious, after all, the information in his hands was obviously only preliminary. "Also, I would like to know who owns the patent rights for this new drug?"

"Just the day before, I formally filed a patent application for a new drug with the usPTo (United States Patent and Trademark Office) on behalf of myself and Samson Bell, a Ph.D. in biomedicine at New York University, and FDa is already following up. "Li Jie obviously knows what he wants to ask." We would like to entrust you as my and Dr. Bell's patent attorney to take full responsibility for the new drug, and I guarantee that you will be able to see all the new drug information after the contract is signed. ”

In the United States, the approval and marketing of drugs is regulated by two separate functions: the U.S. Patent and Trademark Office (USPTo) and the U.S. Food and Drug Administration (FDa). The usPTo is responsible for granting patents for new drugs that meet the conditions for a certain period of time, during which the corresponding generic drugs cannot be marketed and sold at will. The core function of FDa is to review the safety, efficacy and quality controllability of drugs applied for registration and marketing, and prevent unsafe, invalid or fraudulent marketing of drugs.

The complicated formalities and lengthy procedures for a new drug from application to market are dizzying, which has led to the birth of patent attorneys, and without the intervention of these professional elites, "Willida" may not appear on the market for several years.

Giving the right thing to the right person to do is a necessary skill for the superior, and Li Jie naturally won't bother about this matter himself, so he found Flower.

"You mean that the patentee of this new drug belongs entirely to the two of you?" Flor's eyes widened in disbelief, usually such new drugs are developed by large companies and large laboratories for several years or even longer, and it is rare for the patent rights to belong to individuals, let alone a new drug of great value like "Willida".

"Yes, Mr. Marcos, you heard me right." Li Kit was not surprised by his reaction. "This is based on an old recipe I got from Huaguo, and it's all mine and Dr. Bell, so you don't need to worry about that. Of course, it will be announced in the name of the Oakheed Lab at New York University. ”

"Please call me Flower. Bruce, can I call you that? After getting the nod from Li Jie, Flower continued with some excitement. Rest assured, you won't regret your choice. "It may seem a bit undisciplined, but that's nothing. Think about how much you can benefit yourself by winning this case, not to mention the huge boost to your own reputation.

In the world of lawyers, fame is a sign of status and interest, and you may be able to take a step towards the title partner of your dreams and leave your name on the walls of the firm. No, it has to be done better. Thinking of this, Flower took this opportunity even more seriously. "Bruce, where has the development of a new drug been?"

"We are already applying for large-scale clinical trials, and we are very confident in the efficacy of the new drug. So it's up to you next. Li Jie is naturally confident about this.

"Okay, don't worry about patents, leave it to me." Flower paused, then continued. "But I want to ask, what do you and Dr. Bell want to do with the patent rights of a new drug?" That's what he's most concerned about, and only by really getting access to the market can he maximize the value of this new drug, which he is obviously not good at personally, even NYU.

"If the price is right, I think we'll consider selling." Li Jie nodded and gave an affirmative answer.

"Bruce, would you like to entrust us with the follow-up negotiations and liaison as well? I promise that Pearson_hardman (Pearson Hardeman) Law Firm will be the best choice for you, and we will surprise you and Dr. Bell. Although Flower was still calm and did not change the pace of his speech, his words clearly betrayed his eagerness.

"No, no, no, Flower, this is our first time working together and I hope to make a good impression on each other." Li Jie shook his head and tapped his fingers lightly on the tabletop, obviously not satisfied. "You should tell me what you can do without expecting to win trust with empty words, right?"

Flower groaned for a moment, then exhaled. "Okay, I need to know more about the specific sales price to estimate the patent rights of new drugs within a year, but it will definitely not let you lose the benefits you should have obtained, even if it is a penny."

"If you pass the approval within half a year, you will be given 5% of the fee, and if you pass it within three months, you will be given 10%." Li Jie still didn't express his satisfaction, but threw out his request.

"What?!" Flower almost threw the expletives out of his mouth, did the other party think he was selling cabbage? The time for both patent rights and marketing approval of new drugs is generally calculated in years, and it is too difficult to do it in such a short time.

However, he soon realized the conditions proposed by Li Jie, if the efficacy of "Weilida" is really as good as stated in the document, then its patent value is at least hundreds of millions of dollars, and it may even be beyond imagination, that is to say, every percentage point means millions of dollars or more, this business is worth doing!

"Let me see what I can do for you, Bruce." Flower put away the information in his hand and stood up to face the truth. "Keeping in touch, I want to be the first to know the results of a large-scale clinical trial." Before that, he has a lot of preparation to do.

Looking at the figure of this guy leaving with high morale, Li Jie smiled slightly. For him, the most important thing is to get the first step of funding as soon as possible, as for the patent of the new drug? It wasn't much in his eyes, and Mistress Mephisto had good things in his head.