What happens to license fees if patent are invalid? Would it affect Salutopias business if incorporated licensed products are being used? Do they exist? below link not working for me
www.salutopia.com
From PR
June 25, 2014 08:15 ET MyMedicalRecords Signs Patent License Agreement With Salutopia, a Leading Patient Information EHR Provider
LOS ANGELES, CA and HOUSTON, TX--(Marketwired - Jun 25, 2014) - MMRGlobal, Inc. (OTCQB: MMRF), through its wholly owned subsidiary, MyMedicalRecords, Inc. (collectively, "MMR"), and Salutopia, Inc. jointly announced the signing of a patent license agreement. The agreement calls for MMR to receive license fees based on a percentage of the gross sales of Salutopia products and services currently projected at more than $50,000,000 based on Salutopia's sales pipeline.
According to Fred Zolla, Chairman and Chief Strategy Officer for Salutopia, "Incorporating MMR's licensed products in our current service offerings ensures our clients a higher level of protection and gives us an advantage over our competitors."
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