What this patent means
Having studied a biomedical degree and patents I think I have a pretty good idea of what this means.
Once you have a patent you can license your treatment to other companies (e.g) baldness clinics. I am presuming that now they have the patent they will license their treatment off to many clinics around the world (or wherever their patent covers) and this is one way they will make money.
Alternatively they may want to use it to get capital or to strike deals so they can progress through phase 3 (as someone has already said )
Having studied a biomedical degree and patents I think I have a pretty good idea of what this means.
Once you have a patent you can license your treatment to other companies (e.g) baldness clinics. I am presuming that now they have the patent they will license their treatment off to many clinics around the world (or wherever their patent covers) and this is one way they will make money.
Alternatively they may want to use it to get capital or to strike deals so they can progress through phase 3 (as someone has already said )
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