Update: Invent-Tech receives positive news from potential licensee of medical accessory…

May 23rd, 2007

Good Wednesday morning, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, here with a quick update to kick off our day. We have already received good news via e-mail this morning from the company that has been evaluating an Invent-Tech inventor medical accessory for almost 3 months, and that we most recently reported on in a February 28th entry (”Invent-Tech closes out fruitful February by securing advanced level of interest in 2 more product ideas…“).

Responding to a request for an update on the status of their interest by the Manufacturer Response Team member that has been handling this scenario since the onset, the company representative stated that they had been using the past several weeks to build a prototype and that it was almost complete. He added that they were feeling very positive about the potential of the idea, and that the next step would be to conduct testing with the sample unit.

We certainly hope this eventually culminates in a licensing agreement, but only time will tell. Check back frequently with the Invent-Tech Network for all the updates on this and many other situations!

Entry Filed under: Licensing News, The Invention Hub, Invent-Tech News