Re: Re: Are company's willing to pay big bucks for novel ideas

Subject: Re: Re: Re: Are company's willing to pay big bucks for novel ideas

Comments:
: : : Hello, : : : I am currently working on securing a patent for a novel hair care product. I have found that there is a need for the product and the demand should be high with proper marketing. I am considering selling or liscensing the product to a major hair care manufacturer once the patent is filed. I feel that the product will be worth millions once it is put on the market and sold retail. I would like to know if it is realistic to expect a major company to pay several million dollars for the patent rights if they see the profit potential in the product. Have others in the past accomplished this task with there ideas? : : : Thanks, : : : Victor : Dear Mr. Coffey, : The bigger they are the harder they are. They are more likely willing to spend 100k so that the don't have to pay 10K. : That is why we offer the Reality Check (sm) : M. Arthur Auslander : Auslander & Thomas-Intellectual Property Law Since 1909 : 505 Eighth Avenue, New York, NY 10018 : 212-594-6900, fax 212-244-0028, aus@auslander.com : ELAINE's Workshop (sm) : E arly L egal A dvice I s N ot E xpensive

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Do not disclose any details of any patent idea. See a lawyer.
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