The train has left the station and building up speed..
"PeriCoach® granted patent protection in Japan 22nd February 2017 - Brisbane, Australia – Analytica Ltd (ASX: ALT). Analytica has been granted patent protection in Japan (Patent No. 6069297) for the PeriCoach® System’s unique pelvic floor force sensing technology. Patents on the PeriCoach force sensors have now issued in China and Japan, with patents pending in US, India, Brazil, Australia, and Europe. Most jurisdictions allow patent protection for 20 years from the original lodgement date. Japan has enormous market potential for a global licensee with an estimated 15.8 million women aged 15-85+ currently suffering the effects of Urinary Incontinence1 . It has remained a top priority to ensure that PeriCoach becomes a global product, therefore Analytica has maintained its investment in intellectual protection in major markets around the world. The intellectual property strategy remains to secure protection in key geographies that have ageing populations, with increased awareness of urinary incontinence, and growing demand towards conservative treatment solutions. Analytica CEO Geoff Daly said – “Patent protection is a long process, often many taking years before patents are issued. We are diligently working behind the scenes to ensure that we get the full benefit from the hard work and innovations of my product development team. Intellectual property rights are always critical in licencing negotiations as it affords the licencing partner freedom to operate in the world’s most commercially attractive markets.”
ALT Price at posting:
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