Royalty Report: Medical, Device, Respiratory – Collection: 129653

License Grant

The Company entered into an agreement with an undisclosed Licensor to acquire the rights to certain intellectual property, which property includes title to the patent on a component of an emergency CPR assistance device, called a dual filtered rotary isolation valve. Rights pertaining thereto include the right to maintain, sell and improve the device, and to license those rights.

License Property

5,575,279 – Dual-filtered rotary isolation valve for resusciation

Field of Use

This agreement pertains to the medical industry.

License Grant

Grant of Rights Licensor hereby grants to the Corporation
     a. All right and title to the Invention, and to the present and future Patent Rights to the Invention.
     b. All rights to derivative or successive inventions, or adaptations to the current version of the invention, arising or continuing from the concept or the claims made in the patent application for the valving device and the associated attachments, whether or not said claims may be sustained by examination in the patent office of the United States, or in other jurisdictions;
     c. All rights to the commercial exploitation of the Invention, including exploitation by way of manufacturing, sales of units of the device, licensing, or otherwise;
     d. All other rights in any way connected with the device and arising from the work or thinking of Licensor, including but not necessarily limited to copyrights of printed material and design concepts; trademarks; (whether applied for or not); drawings; work in progress; literature; sales contacts; manufacturing contacts, and other material of a generally similar nature.

License Property

In addition know-how for the physical production of the invention, and the commercial exploitation thereof as a product was transferred.  The deal includes the acquisition of the title to the patent application and to all rights pertaining thereto, including the right to manufacture, sell, and improve the device.

An isolation valve for the resuscitation of patients which has an upper housing and a lower housing that snap together, rotate with respect to one another, and utilize a flexible diaphragm which extends into the small space between the upper housing and the lower housing to assure the establishment of an air-tight seal between the upper housing and the lower housing.  The upper housing begins with an upper tube that expands outward to create an upper chamber segment.  The lower housing has a lower chamber segment, the wall of which lower chamber segment establishing the snap-fit with the wall of the upper chamber segment.  The lower chamber segment is formed by the outward expansion of a lower tube.  Breath exhaled by a care provider proceeds along the upper tube to the upper chamber segment where it must pass through an upper filter segment, a lower filter segment, and a space between the two that provides a volume to retain any moisture which evades the filter segments. The exhaled breath from the care provider then passes through a check valve that precludes exhaled breath from the patient from traveling to the care provider and then into the lower tube. Breath exhaled by the patient is exhausted to the atmosphere through one or more apertures in the bottom of the lower chamber segment after having passed through an exhalation filter.

Field of Use

Technology transferred relates to an emergency cardio-pulmonary resuscitation assistance medical device, including the critical component, a certain configuration of valving called a rotary isolation valve.

License Grant

The Licensee of Argentina entered into an Exclusive License Agreement with the Licensor of Israel to acquire the rights to market and distribute certain intellectual property.

License Property

The Provisional Patents are for
Automated medical ventilators
Cranio-Cervical Extension Pillow with Dual Arcs – A device comprising a supporting material shaped with dual arcs. When the device is placed beneath a person's neck, the arcs cradle the neck and the device provides proper capital extension for CPR. One of the arcs has a smaller curvature to cradle adult necks while the other arc has a larger curvature to cradle smaller neck of children. In a preferred embodiment, the device comprises a pillow having a saddle shape that can used to support a victim's neck during CPR. In some embodiments, the pillow includes electronics that can guide a CPR provider through CPR procedures.

20090145430 Breathing Mask with Sticky Edge – Breathing assist kits having a cranio-cervical extension device and a strapless breathing mask are presented. The mask comprises a seal that couples the mask to a victim's face preferably using an adhesive gasket that ensures the mask does not become dislodged while a care giver provides assisted breathing. The mask can also include, among other enhancements, a window or a light gathering lens to provide a view into the victim's mouth.

Field of Use

The Licensee has the right to pay the difference between the amounts paid by the Licensee and the minimum payment of $1,000,000. Under the terms of the agreement. The Licensee was not required to pay an upfront fees license fee.

The Field of Use apply to the healthcare market.