- White Belt
- Posts: 6
- Joined: Sun Aug 15, 2010 3:51 pm
Hi all... wanted to discuss the strategy related to trying to license while only under the protection of a PPA. So you approach a company after they see your sell sheet, and they show interest. They want to know specifics about your PPA before they make any agreements. What is the strategy related to disclosing your PPA to prospective companies when they ask? Seems to me, they may then understand some deficiencies within it that they could begin working around. Is best approach to let them do their own patent search, and if they dont see your product patented already, you simply ask them to strike a deal, and then the PPA can be disclosed and the final patent app filed either jointly, or in inventor's name. Will companies ask to see the PPA details, and is it prudent to disclose?
Thanks in advance.....