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New Technology To Save Lives.....erm......nope

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Heard off the grape vine from a patent lawyer. He has done some work patenting blood transfusion technology that can do a full transfusion in under 10 minutes

The company he works for have given strict instructions not to release this technology to anybody for the time being.

They are still selling the previous run of the mill stuff to the NHS knowing full well the newer tech is being kept under wraps....nice

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Well, the directors of the company - if public - might think that if they make all their existing company stock/tech worthless by releasing this new version, they are not acting in the best interests of shareholders. And they would probably be right, and open to being sued in a class action....

again, blame the game, not the players.

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Heard off the grape vine from a patent lawyer. He has done some work patenting blood transfusion technology that can do a full transfusion in under 10 minutes

The company he works for have given strict instructions not to release this technology to anybody for the time being.

They are still selling the previous run of the mill stuff to the NHS knowing full well the newer tech is being kept under wraps....nice

Do you or the lawyer know how long it takes medical devices such as this to get approval to be used (and the amount of testing that needs to be done)?

I don't deal with this sort of thing but know people who have done in the past and you're talking about years potentially.

So depending on what stage they're at (i.e. it could be totally untested mad inventor stuff) you probably wouldn't see the device hit the market this decade, and if you did it would be toward the end of it.

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Yep, there is no doubt more to this story than meets the eye - and the lawyer should be avoided.

It could be years away from clinical use and other reasons for secrecy other than wanting to get shot of the old stock.

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There's nothing wrong with the old blood I have already.

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Heard off the grape vine from a patent lawyer. He has done some work patenting blood transfusion technology that can do a full transfusion in under 10 minutes

The company he works for have given strict instructions not to release this technology to anybody for the time being.

They are still selling the previous run of the mill stuff to the NHS knowing full well the newer tech is being kept under wraps....nice

If he's filing a patent it will be published in 12 months anyway.

It's also a myth that patenting can be used to keep something off the market. A court can enforce the granting of a licence when the patentor isn't taking steps to exploit the invention.

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One other point on this, something that many people don't understand is that inventions MUST be kept confidential before they're patented because divulging them counts as publication and means that a patent can't be granted.

You can divulge an invention prior to patenting if you have a confidentiality agreement in place with the other party. But why risk it?

We've got stuff were dying to talk to people about but until the IP is filed its just too risky. Even with agreements in place.

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