Lightwave Logic Inc (LWLG)

[Nrdc92]

The patent is only meaningful when it results in revenue generation. As I wrote before, my clients are in the life sciences space. The number of patents generated by them is staggering. If I had to guess based on my experience, more than 80% sit on a shelf. Patents lock down innovation. Whether that innovation is ever commercially employed is a separate question from whether the process meets the patentable “novelty” standard. LWLG’s patents have yet to generate a dime of revenue. That’s what will be meaningful; not another patent announcement.