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Replies to post #74935 on Kraig Biocraft Laboratories Inc (KBLB)
dem274
05/22/14 10:30 PM
#74937 RE: Jonnyo07 #74935
TRUISM
05/22/14 11:01 PM
#74940 RE: Jonnyo07 #74935
I think my point is even more probant if we consider that WM and SSM are probably competing entities.
The collaborative work would extend to product applications' development and marketing. Under the MOU the two companies would jointly develop select applications, for Monster Silk™ and other recombinant spider silks which have been developed by Kraig. This alliance is intended to support the market development for spider silk based textiles.
Under terms of the agreement, the two companies will jointly develop innovative textile products based on Kraig’s Monster Silk(TM) fibers. Under the terms of the agreement, the two companies will jointly own textile product related intellectual property which is developed as a result of the collaboration. Joint development will initially focus on Monster Silk(TM) weaving, testing and near term applications. The companies believe that this collaborative relationship will help expedite the commercialization of Monster Silk(TM) and future spider silk based technical fibers.
" The companies believe that this collaborative relationship will help expedite the commercialization of Monster Silk(TM) and future spider silk based technical fibers."