Anavex Life Sciences Corp (AVXL)

[Gator328]

Patents provide value. Without patent protection, the value is significantly decreased. On the tv show Shark Tank, one of the first questions about any product is whether there's a patent.

The cost to protect the IP is minimal. It's possible nothing ever comes of it but in the event that Anavex is considered an acquisition target, any buyer or partner will want to know that the pipeline its acquiring has patent protection in place.