NanoViricides Inc. (NNVC)

[mike41]

I'm not basing my investment on the Trade Secrets paid for by NNVC. I was making a counter point as to why NNVC would pay a 30% market up to Theracour and that NNVC is not Diwan's personal money machine.

NNVC does have employees. The work may be segregated in the cGMP facility and there may be a joint agreement for Trade Secret ownership between Theracour and NNVC, but the Trade Secrets for developing, the verification/validation (call it QC for quality control) processes for drug production scale up do exist, by virtue of the fact that the QC process for 200g production is locked down, while the QC process for 500g and larger batch sizes are in development and are of significant, proprietary value to both companies. Certainly the Trade Secrets that have been developed at the cGMP, strengthens the licensing agreements and does not circumvent those agreements. But if the company were ever to sell out to a big pharma for larger scale production, the QC Trade Secrets are the key, since they are the only proven methods to scaling up production beyond Diwan's numerous patents.

I have direct experience with Trade Secrets and I have patents myself as an employee (System Engineer) for a large company. I have gone through much training on the subjects and am versed in the laws protecting such IP. My argument is valid whether you acknowledge it or not. Some simple research on Trade Secrets makes my point:

Who Owns a Trade Secret?
A trade secret is a type of of intellectual property, and it comes in many different forms. There are no actual laws governing trade secret ownership, but trade secrets generally pertain to information held by a company rather than by an individual. So typically employers or hiring parties own trade secret information even if it is generated by an employee.

http://www.legalmatch.com/law-library/article/ownership-of-a-trade-secret.html