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Puffer

09/15/13 2:22 AM

#72646 RE: Puffer #72645

So you had big news this past week, the issuance of a patent that had been in application since 2006. Can you talk about the significance of that?

Dr. Eugene Seymour: Certainly. I think this is really the biggest thing that’s ever happened to us because what it does is it really says that we now control the field of antivirals that are related to the use of polymers in the nanotechnology arena. So there was no prior art, Dr. Diwan, the inventor of the technology, has been working on this for the last 20 years, patent application was submitted some six years ago, and we submitted I think 31 claims and we got 31 claims approved. The patent application is extraordinarily complex, but essentially what it says is you have this degree of protection and this makes the company extremely valuable to a large pharmaceutical company because they really do like to have patent coverage.