Union Carbide

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Union Carbide
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Union Butterfield Carbide Endmill Two Flutes  3/32 with a 1/8 shank.  1.5
Union Butterfield Carbide Endmill Two Flutes 3/32 with a 1/8 shank. 1.5" long
Paypal   US $11.00
 Union Carbide Gas Regulator TYPE R-5007 Nitrogen,Helium,Argon,Carbon Dioxide
Union Carbide Gas Regulator TYPE R-5007 Nitrogen,Helium,Argon,Carbon Dioxide
Paypal   US $30.00
Union Carbide Liquid Nitrogen Dewar Cryo Tank 4LD / 4 LD
Union Carbide Liquid Nitrogen Dewar Cryo Tank 4LD / 4 LD
Paypal   US $184.99
Union Carbide UPE-3-25-350 Brass Regulator with Gauges
Union Carbide UPE-3-25-350 Brass Regulator with Gauges
Paypal   US $49.99
OXWELD CUTTING TORCH W-300 ATTACHMENT WELDING HANDLE, UNION CARBIDE
OXWELD CUTTING TORCH W-300 ATTACHMENT WELDING HANDLE, UNION CARBIDE
Paypal   US $19.99
LOT OF 5 Vintage Regulators Gauge UNION CARBIDE U.S GAUGE ,MATHESON,copper,brass
LOT OF 5 Vintage Regulators Gauge UNION CARBIDE U.S GAUGE ,MATHESON,copper,brass
Paypal   US $24.99
Union Carbide Regulator Gauge Gas Oxygen New-Rebuilt CGA-540 Purex Welding USA
Union Carbide Regulator Gauge Gas Oxygen New-Rebuilt CGA-540 Purex Welding USA
Paypal   US $49.97
Union Carbide Oxygen Content guage.0-4000 PSI 1/8
Union Carbide Oxygen Content guage.0-4000 PSI 1/8" MPT
Paypal   US $26.00
Union Carbide Linde EH10 EH11 Sub Arc Torch 2
Union Carbide Linde EH10 EH11 Sub Arc Torch 2" Insulating Sleeve 41W99 1" ID
Paypal   US $17.50
Union Carbide Linde EH10 EH11 Sub Arc Torch 2
Union Carbide Linde EH10 EH11 Sub Arc Torch 2" Insulating Sleeve 29N24 1.25 ID
Paypal   US $17.50
26pc Union Carbide Mig Tig Welding Products Assortment
26pc Union Carbide Mig Tig Welding Products Assortment
Paypal   US $11.99
LINDE UNION CARBIDE BRASS USA MADE 2 1/2
LINDE UNION CARBIDE BRASS USA MADE 2 1/2" GAS GAUGE 4000PSI USED
Paypal   US $10.99
LINDE UNION CARBIDE USA MADE 2
LINDE UNION CARBIDE USA MADE 2" GAS GAUGE 4000PSI USED
Paypal   US $9.99
Union Carbide 1/4
Union Carbide 1/4" Contact Tip 19N51 Sub Arc SAW UCAR
Paypal   US $6.00
Linde Union Carbide SS Gas Valve X7 SG 3572 180 4000 PSI
Linde Union Carbide SS Gas Valve X7 SG 3572 180 4000 PSI
Paypal   US $75.00
Working Union Carbide VI-252C Wire Feed Welder, 3 Phase, 250 Amp, 230/460 Volt
Working Union Carbide VI-252C Wire Feed Welder, 3 Phase, 250 Amp, 230/460 Volt
Paypal   US $400.00
Asco U82615 1/4 Solenoid Valve for Union Carbide 182W11
Asco U82615 1/4 Solenoid Valve for Union Carbide 182W11
Paypal   US $69.99
Union Carbide Bottle Gauge U0 MV 57730 346 0-4000 (NEW)
Union Carbide Bottle Gauge U0 MV 57730 346 0-4000 (NEW)
Paypal   US $100.00
Union Carbide UPD-3-25-580 Compressed Gas Regulator w/ Gauge
Union Carbide UPD-3-25-580 Compressed Gas Regulator w/ Gauge
Paypal   US $99.00
Union Carbide - Compressed Gas Regulator - Type R-1953
Union Carbide - Compressed Gas Regulator - Type R-1953
Paypal   US $28.50
Four Vintage Linde Union Carbide Welding Gauges USG PSI
Four Vintage Linde Union Carbide Welding Gauges USG PSI
Paypal   US $19.99
Union Carbide Linde FABRICATION of Welded Piping Design
Union Carbide Linde FABRICATION of Welded Piping Design
Paypal   US $27.50
Union Carbide 5/32
Union Carbide 5/32" Contact Tip 19N49 Sub Arc SAW UCAR L-TEC
Paypal   US $6.00
UNION CARBIDE CONDUIT # 598809 .140 ID
UNION CARBIDE CONDUIT # 598809 .140 ID
Paypal   US $64.50
NEW UNION CARBIDE WELDING PRODUCTS 55W84
NEW UNION CARBIDE WELDING PRODUCTS 55W84
Paypal   US $3.00
Union Carbide
Union Carbide
Paypal   US $50.00
UNION CARBIDE ACC100 USPP ACC100
UNION CARBIDE ACC100 USPP ACC100
Paypal   US $46.00
Union Carbide Corp Pressure Regulators  Used
Union Carbide Corp Pressure Regulators Used
Paypal   US $39.99
UNION CARBIDE 996255 USPP 996255
UNION CARBIDE 996255 USPP 996255
Paypal   US $94.87
UNION CARBIDE 995946 USPP 995946
UNION CARBIDE 995946 USPP 995946
Paypal   US $96.02
UNION CARBIDE 994250 USPP 994250
UNION CARBIDE 994250 USPP 994250
Paypal   US $39.10
UNION CARBIDE 994239 USPP 994239
UNION CARBIDE 994239 USPP 994239
Paypal   US $196.65
UNION CARBIDE GAUGE CGA-540   76B2    R-64
UNION CARBIDE GAUGE CGA-540 76B2 R-64
Paypal   US $65.00
NEW LINDE UNION CARBIDE 56W17 BRUSH ASS'Y
NEW LINDE UNION CARBIDE 56W17 BRUSH ASS'Y
Paypal   US $3.00
Union Carbide 3/16
Union Carbide 3/16" Contact Tip 19N50 Sub Arc SAW UCAR
Paypal   US $6.00
Union Carbide 3/32
Union Carbide 3/32" Contact Tip 19N47 Sub Arc SAW
Paypal   US $5.75
NEW UNION CARBIDE WELDING PRODUCTS 993174 B
NEW UNION CARBIDE WELDING PRODUCTS 993174 B
Paypal   US $4.00
Union 4
Union 4" #5694 NON FER Carbide Tipped Shoulder Mill 1-1/2" Arbor Hole
Paypal   US $36.95
Esab / Union Carbide #04N19 Wire Guide Assembly .093
Esab / Union Carbide #04N19 Wire Guide Assembly .093
Paypal   US $19.99
2 pressure gauges 15 PSI 1.3/4
2 pressure gauges 15 PSI 1.3/4 " and 60 PSI (made by union carbide) 2.3/4"
Paypal   US $24.65
NEW UNION CARBIDE WELDING PRODUCTS 994490 BRUSH
NEW UNION CARBIDE WELDING PRODUCTS 994490 BRUSH
Paypal   US $3.00
UNION CARBIDE GAUGE R-64     683
UNION CARBIDE GAUGE R-64 683
Paypal   US $100.00
Union Carbide Welding Products circuit Board 994230 Electrical South #A0362463
Union Carbide Welding Products circuit Board 994230 Electrical South #A0362463
Paypal   US $149.99
Union Carbide Welding Products circuit Board 994239 Refurbished Electrical South
Union Carbide Welding Products circuit Board 994239 Refurbished Electrical South
Paypal   US $149.99
Linde Union Carbide HDA 300 TIG Stick Welder Welding
Linde Union Carbide HDA 300 TIG Stick Welder Welding
Paypal   US $750.00
Union Carbide Linde L-TEC Sub-Arc Nozzle Tip Nut ESAB 999398 SAW EH10 EH11 UCAR
Union Carbide Linde L-TEC Sub-Arc Nozzle Tip Nut ESAB 999398 SAW EH10 EH11 UCAR
Paypal   US $4.95
 Compressed gas regulator 0-30 psi OUT range made by Union Carbide Corp.
Compressed gas regulator 0-30 psi OUT range made by Union Carbide Corp.
Paypal   US $35.45
1951 Union Carbide ad, Carbon Arc Furnace, Steelmaking
1951 Union Carbide ad, Carbon Arc Furnace, Steelmaking
Paypal   US $5.99
1951 Union Carbide ad, bearings, gyroscope, gyro-top
1951 Union Carbide ad, bearings, gyroscope, gyro-top
Paypal   US $5.99
1951 Union Carbide ad, Green Thumb, agriculture
1951 Union Carbide ad, Green Thumb, agriculture
Paypal   US $5.99
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SAIT 45672 Tungsten Carbide Die Grinder Bur SH2 6 SAIT 45672 Tungsten Carbide Die Grinder Bur SH2 6" Shank Double Cut/Alternate Cut 5/16" x 3/4"
List Price: $48.20
Sale Price: $36.79

We offer a complete line of tungsten carbide burs in almost all popular shapes and sizes to meet your needs. Choosing the right carbide bur depends on the material to be ground, grinding speed, desired shape and finish requirements. Our burs are precision made with diamond wheels resulting in a precision tool with extremely sharp teeth. We produce the highest quality bur, properly balanced for vibration-free operation and long tool life. Tungsten burs are best suited for efficient material removal at high RPM's. Our burs are made in the USA. Double or Standard are the most popular cut burs in ferrous applications. Manufactured with cuts made on the left and right spirals, this design produces a finer finish on material producing smaller chips and slivers. Double cut offers smooth operation and greater tool control.

SAIT 45063 Tungsten Carbide Die Grinder Bur SC3 Non-Ferrous/Aluminum Cut 6 SAIT 45063 Tungsten Carbide Die Grinder Bur SC3 Non-Ferrous/Aluminum Cut 6" Shank 3/8" x 3/4" x 1/4"
List Price: $31.48
Sale Price: $27.30

This item may not be in stock. Please call 507-494-5169 for inventory status or email: sales@weldfabulous.com. Normal delivery time is 5-8 business days after purchase date. For expedited delivery please call customer service at 507-494-5169.

SAIT 45140 Tungsten Carbide Heavy Duty Die Grinder Bur SF3 3/8 SAIT 45140 Tungsten Carbide Heavy Duty Die Grinder Bur SF3 3/8" x 3/4" x 1/4"
List Price: $29.00
Sale Price: $20.62

This item may not be in stock. Please call 507-494-5169 for inventory status or email: sales@weldfabulous.com. Normal delivery time is 5-8 business days after purchase date. For expedited delivery please call customer service at 507-494-5169.

SAIT 45603 Tungsten Carbide Die Grinder Bur SA3 6 SAIT 45603 Tungsten Carbide Die Grinder Bur SA3 6" Shank Double Cut/Alternate Cut 3/8" x 3/4" x 1/4"
List Price: $43.70
Sale Price: $29.29

We offer a complete line of tungsten carbide burs in almost all popular shapes and sizes to meet your needs. Choosing the right carbide bur depends on the material to be ground, grinding speed, desired shape and finish requirements. Our burs are precision made with diamond wheels resulting in a precision tool with extremely sharp teeth. We produce the highest quality bur, properly balanced for vibration-free operation and long tool life. Tungsten burs are best suited for efficient material removal at high RPM's. Our burs are made in the USA. Double or Standard are the most popular cut burs in ferrous applications. Manufactured with cuts made on the left and right spirals, this design produces a finer finish on material producing smaller chips and slivers. Double cut offers smooth operation and greater tool control.

SAIT 45613 Tungsten Carbide Die Grinder Bur SB3 6 SAIT 45613 Tungsten Carbide Die Grinder Bur SB3 6" Shank Double Cut/Alternate Cut 3/8" x 3/4" x 1/4"
List Price: $43.00
Sale Price: $32.73

We offer a complete line of tungsten carbide burs in almost all popular shapes and sizes to meet your needs. Choosing the right carbide bur depends on the material to be ground, grinding speed, desired shape and finish requirements. Our burs are precision made with diamond wheels resulting in a precision tool with extremely sharp teeth. We produce the highest quality bur, properly balanced for vibration-free operation and long tool life. Tungsten burs are best suited for efficient material removal at high RPM's. Our burs are made in the USA. Double or Standard are the most popular cut burs in ferrous applications. Manufactured with cuts made on the left and right spirals, this design produces a finer finish on material producing smaller chips and slivers. Double cut offers smooth operation and greater tool control.


Here are some more information for Union Carbide:
Union Carbide

If your first novel is turned into a movie which takes the world by storm and ends up with 8 Oscars in its booty, coming up with another can be quite intimidating. But luckily by the time Slumdog Millionaire, based on Vikas Swarup's first novel, Q& A sent the whole world in frenzy with the stupendous success, his second novel had already hit the bookstores. The only thing he now has to deal with is the sky rocketing expectations of the readers.

By the time one reaches at the bottom of the first page of his second novel, Six Suspects, one knows that Vikas Swarup does not need to lose his sleep worrying about the reaction of the readers. This novel is entirely different from his earlier work in its premise. It's the story of six individuals coming from diverse back grounds who are present at a party where a murder takes place. Out of hundreds of people present there, they become the suspects as each one of them is in possession of a gun. They all have a perfectly plausible reason to murder Vicky Rai, a play boy who was hosting the party to celebrate his acquittal from a murder case that had caught fancy of the whole nation.

Out of these six suspects, a retired bureaucrat named Mohan Kumar is grappling with possession by a spirit which takes over his body at the most unexpected times while the second suspect is a celluloid goddess, Shabnam Saxena whose stardom has become her nemesis. Larry Page, an American who had flown to India to marry his internet girlfriend becomes the third suspect while the fourth suspect is none other than Vicky's father, Home Minister of Uttar Pradash, Jagannath whose political career comes under doldrums thanks to Vicky's brazen misdemeanors.

Munna Mobile is the next suspect who is a petty thief but is propelled into the world of rich and mighty after an inadvertent encounter with pretty lass in a discotheque, following an unexpected windfall. Last suspect is a tribal Eketi Onge belonging to a dying tribe overwhelmed by the intrusion of the so called civilized Indians responsible for their welfare. He leaves the shores of Andamans to bring back the sacred stone stolen from the tribe by a welfare officer and though initially fascinated by the glitter of modernism; he soon gets disillusioned and wants to return home.

Many readers and critics have compared this novel to Agatha Christie's works which could be due to the eye for the detail that Vikas Swarup has. But this comparison is a gross injustice to the novel as it's not just a whodunit, but a multifaceted, richly textured tale of India as seen through the eyes of assorted characters. This book has a far wider canvass than was ever attempted by Agatha Christie.

The book is a pure entertainer and even the most mundane and sorrowful moments in the lives of the characters have been enliven by the interesting observation and witty comments made by them. The first person narrative has its added advantage as the style of narrative is as varied as the characters themselves. Larry Page's narrative generously sprinkled with the typical American slangs is a huge contrast to the telephonic conversations of Jagannath that are used to take the narrative forward. But the real fun is in watching the development of different story lines and then their mergence into one great dénouement.

Another factor that not only adds to the virtuosity of the narrative but also makes it sound hauntingly familiar to an average Indian is the inclusion of epoch making events of post modern Indian history in the narrative. Whether it is Union Carbide tragedy or Jessica Lal murder case or Sanjeev Nanda BMW hit and run case, they all are camouflaged and added to the plot and contribute towards making the narrative multi layered, and rich.

Six Suspects is a heady mixture of comedy, pathos, tragedy, humor rolled into a classic whodunit. It's impossible to put this book down once you start reading this riveting page turner that provides first hand insight into contemporary India.

Patent Valuation From a Practical View Point, and Some Interesting Patent Value Statistics From the Patentvaluepredictor Model

Patent Valuation from a Practical View Point, and Some Interesting Patent Value Statistics from the PatentValuePredictor Model - Rick Neifeld, Ph.D., Patent Attorney, and President of Neifeld IP Law, PC and StockPricePredictor.com, LLC (1)

I. Introduction

My colleague Grover Rutter (see his article in this edition) has presented an excellent review of how to treat patents from a financial and tax reporting standpoint. However, how do you determine the real value of a patent? That begs the question: What factors are relevant to the real value of a patent? You have to know what factors into a valuation before you can address the valuation issue. Let's start with some definitions, and then address this issue. After that, lets look at the PatentValuePredictor model and some actual valuation data and trends provided by the model.

II. General Valuation Theories

Valuation is an accounting term which means a lump sum of money payable to receive the future benefits of an asset at a particular time. There are three generally accepted accounting theories for valuing assets: market, cost, and income. Market theory values an asset as the present value ascribed to similar assets in an active public market. Cost theory values an asset by the cost of replacing the asset. Income theory values an asset by the present worth of the net anticipated economic benefit of the asset. Can we apply any of these theories to value patents?

III. Valuation Theories as Applied to Patents

Market theory valuation of patents has little or no utility because no two patents are similar enough for the sales price of one to define the value of another. Of course, you can say that patent licensing and sale applies market theory to reach a market price. The problem is that most patents are not bought or sold in an arms length negotiation, and therefore do not have an objective sale price. Even when they are licensed or sold, the transaction is usually clouded by other factors including tech transfer or line of business transfer.

Cost theory is generally inapplicable since a patent cannot be replaced. That is, once the invention is generally known, it is no longer patentable.

Income theorym is applicable in certain circumstances. Patents have known finite terms. If you can determine the income resulting from ownership of a patent over that term, you can assign a value to the patent just like you can assign a value to a long term bond.

Conventional methods using income theory to value a patent analyze micro economic data to determine the anticipated economic benefit of owning the patent. This micro economic data includes market data indicating the gross sales and net income derived from the sale of products attributable to the patent, and any revenue derived from licensing the patent. Applying income theory to micro economic data to value a patent is labor intensive, costly, and complex. This method should include an analysis to determine the meaning of the claims of the patent, a comparison of products to the claims of the patent to determine what products are actually covered by the patent, a determination of the size of the market covered by the patent, and a determination of the cost advantage of the patented technology compared to alternative technologies for that market. A micro economic analysis can be used to prove damages in patent infringement litigation. However, a micro economic analysis of a patent is often cost prohibitive for purposes of business valuation, capital allocation, taxes, and licensing. Moreover, the data necessary for members of the public to perform micro economic analysis of patents is simply not available. This is because that data includes relationships between patents, product lines, product line specific costs and earnings information, and licensing royalty rates and terms. Companies rarely release that type of information to the public. Thus, micro economic analysis of patents is often not feasible.

IV. Problems With Generally Applying Income Theory

I hasten to point out that even income theory valuation based upon micro economic analysis has limited utility in most commercial settings, as opposed to its application in patent infringement litigation. Why? Because patents and products do not have a one to one relationship. They have a many-to-many relationship. As a result, you cannot simply evaluate the value of a patent once you know the financials relating to certain products that the patent covers. To illustrate this point, consider the following two hypothetical situations.

FIRST HYPOTHETICAL SITUATION - UNUSED PATENTS:

A company owns ten patents. The first patent covers a first product, and the company manufactures that product for a hefty profit. The second through tenth patents do not cover the first product, but each one covers some alternative potential product that, if produced, could effectively compete with the first product. No one produces anything covered by the second through tenth patent. Do you allocate all value to the first patent? Surely the other nine patents have actual value to the company! How do you allocate income attributable to sales of the first product to the ten patents in order to assign value to each one of the ten patents?

SECOND HYPOTHETICAL SITUATION - THE MANY-TO-MANY CONUNDRUM:

There are three competing products in a particular niche market and five relevant patents. Patents 1, 2 and 3 each cover the first product. Patents 1, 2, and 4 cover a second product. Patents 2 and 5 cover the third product. You also know of the existence of prior art that indicates a likelihood that some claims in patents 1 and 5 are invalid. As an additional complication, what if it was unclear whether certain of the products were in fact covered by certain ones of the five patents. That is, what if the issue of infringement was not cut and dried? Confusing? You bet! Even if you knew the sales and profit margins for the various products in the hypothetical situations just noted, there would be no simple or logical way to assign values to the various patents. This is all too often the reality when comparing patents and products: there exist many-to-many patent-to-product relationships of uncertain bounds.

What have I told you so far? I have told you that classical approaches to valuation are inadequate. It is time for a new approach.

V. The PatentValuePredictor Theory for Valuing Patents

Now let me tell you about the PatentValuePredictor model for valuing patents. First, you should know that this model is implemented as a web service, and it provides valuations for all U.S. patents and (a provisional valuation of) published U.S. patent applications in real time.

How does the PatentValuePredictor model work? The PatentValuePredictor model simplifies the valuation determination problem by reformulating the problem. It does not attempt to address the many-to-many relationship noted above, and it does not attempt to find and use micro economic data relevant to any particular technology niche. Instead, it substitutes for the foregoing many-to-many quandary and the (generally unavailable) microeconomic data an estimate of an annual sales covered by the patent. The model generates a nominal annual sales covered by the patent based solely upon measurable properties of the patent document and the value of the Gross Domestic Product (GDP). I won't bore you with the details of the model in this article. You can those details of the model in my earlier article entitled "A Macro-Economic Model Providing Patent Based Company Financial Indicators and Automated Patent Valuations " posted in the publications sections of both www.PatentValuePredictor.com and www.Neifeld.com. Suffice it to say here that there is a heuristic relationship between measurable properties of patent documents and patent value. For example, generally speaking, the broader the claim protection, the more valuable the patent.

I will tell you that there are good points and bad points about the PatentValuePredictor patent valuations. First, the valuations are clearly statistical in nature and therefore imperfect. However, there is no such thing as perfection in valuation. Moreover, there is as far as I know, no other completely objective and generally applicable method of valuing patents. Furthermore, the Web implementation of the PatentValuePredictor model provides immediate results, and it is far less expensive (currently $100 per patent valuation) than any other method of which I am aware. Finally, as the size of an evaluated patent portfolio grows, the PatentValuePredictor model's portfolio valuation becomes statistically more accurate. See for example the corporate patent portfolio value charts in my earlier article "A Macro-Economic Model Providing Patent Valuation and Patent Based Company Financial Indicators" posted in the publications sections of both www.PatentValuePredictor.com and www.Neifeld.com.

Finally, there are some other interesting statistics I would like to share with you that relate to valuation of patents. These statistics are derived from the PatentValuePredictor model.

First, there are currently 1,726,307 enforceable patents. To determine actual dollar values, the PatentValuePredictor model currently assumes that the entire GDP is covered by patents. The current GDP is $11.252 trillion. Therefore, the PatentValuePredictor model indicates that each enforceable U.S. patent covers, on average, annual sales of about $6.5 million (that is, the GDP divided by the number of currently enforceable patents). However, profit is, generally speaking, only a small fraction of gross sales, and old patents near the end of their term have reduced value. That explains why the PatentValuePredictor model determines an average value of enforceable patents is only about $2.8 million. To get this result, we calculated the current valuation of each one of the 1,726,307 enforceable patents, and then calculated the average value.

The PatentValuePredictor model indicates that the bulk of the most valuable patents are and have for many years been in the Pharmaceutical or Biotechnology (Pharma/Bio) technology areas. The chart below shows the currently ten most valuable patents and their technology area.

TEN CURRENTLY MOST VALUABLE PATENTS (AS OF 3/11/2004)

Patent

Issued

Current Value ($)

Assignee

Technology

6,517,866 2/11/2003 1,797,722,689 Pfizer Inc. Pharma/Bio

6,500,987 12/31/2002 1,570,968,527 Teva Pharmaceutical Industries Ltd. Pharma/Bio

6,566,344 5/20/2003 1,481,848,538 Idenix Pharmaceuticals, Inc. Pharma/Bio

6,465,496 10/15/2002 1,408,931,126 Teva Pharmaceutical Industries, Ltd. Pharma/Bio

6,452,054 9/17/2002 1,220,308,695 Teva Pharmaceutical Industries, Ltd. Pharma/Bio

6,221,640 4/24/2001 1,194,927,644 Cubist Pharmaceuticals, Inc. Pharma/Bio

6,071,970 6/6/2000 1,107,999,343 NPS Pharmaceuticals, Inc. Pharma/Bio

6,319,919 11/20/2001 1,081,784,355 Davis; Bonnie (Syosset, NY) Pharma/Bio

5,610,034 3/11/1997 1,071,288,767 Alko Group Ltd. Pharma/Bio

6,022,716 2/8/2000 1,069,310,287 Genset SA Pharma/Bio

While the Pharma/Bio tech area has held the lead for most valuable patents, the relative value of the most valuable patents has been increasing for decades. The charts below show the ten most valuable patents issued respectively in 1983, 1993, and 2003, and a relative measure of their value. Note in the sequence of three charts below the trend of the relative value to increase over the decades.

TEN MOST VALUABLE PATENTS ISSUED IN 1983

Patent Issued Relative Value When Issued Assignee Technology

4,399,282 8/16/1983 1,343 Kabushiki Kaisha Yakult Honsha Pharma/Bio

4,375,514 3/1/1983 1,256 Schering, Aktiengesellschaft Pharma/Bio

4,372,948 2/8/1983 974 Kureha Kagaku Kogyo Kabushiki Kaisha Pharma/Bio

4,374,829 2/22/1983 661 Merck & Co., Inc. Pharma/Bio

4,396,617 8/2/1983 660 Duphar International B.V. Pharma/Bio

4,399,276 8/16/1983 605 Kabushiki Kaisha Yakult Honsha Pharma/Bio

4,369,189 1/18/1983 551 Union Carbide Corporation Pharma/Bio

4,410,537 10/18/1983 507 Burroughts Wellcome Co. Pharma/Bio

4,399,148 8/16/1983 499 Union Carbide Corporation Pharma/Bio

4,372,953 2/8/1983 490 Otsuka Pharmaceutical Company, Limited Pharma/Bio

TEN MOST VALUABLE PATENTS ISSUED IN 1993

Patent Issued Relative Value When Issued Assignee Technology

5,252,474 10/12/1993 1,696 Merck & Co., Inc. Pharma/Bio

5,256,558 10/26/1993 969 The Trustees of Rockefeller University Pharma/Bio

5,258,502 11/2/1993 868 Massachusetts Institute of Technology Pharma/Bio

5,268,273 12/7/1993 824 Phillips Petroleum Company Pharma/Bio

5,182,263 1/26/1993 823 Hoffmann-La Roche Inc. Pharma/Bio

5,187,241 2/16/1993 763 International Business Machines Corporation Pharma/Bio

5,262,568 11/16/1993 756 State of Oregon Pharma/Bio

5,198,563 3/30/1993 695 Phillips Petroleum Company Chem/Polymer

5,227,405 7/13/1993 690 Duke University Pharma/Bio

5,196,524 3/23/1993 679 Eli Lilly and Company Pharma/Bio

MOST VALUABLE PATENTS ISSUED IN 2003

Patent Issued Relative Value When Issued Assignee Technology

6,517,866 2/11/2003 3,374 Pfizer Inc. Pharma/Bio

6,566,344 5/20/2003 2,646 Idenix Pharmaceuticals, Inc. Pharma/Bio

6,602,861 8/5/2003 1,252 Research Corporation Technologies, Inc. Pharma/Bio

6,531,282 3/11/2003 1,225 Oligotrail, LLC Pharma/Bio

6,605,606 8/12/2003 1,109 Miravant Pharmaceuticals, Inc. Pharma/Bio

6,665,641 12/16/2003 884 ScanSoft, Inc. Software

6,602,503 8/5/2003 861 Biogen, Inc. Pharma/Bio

6,596,332 7/22/2003 841 Nestec S.A. Foods products

6,602,499 8/5/2003 824 The General Hospital Corporation Pharma/Bio

RE038073 4/8/2003 804 Research Corporations Technologies, Inc. Pharma/Bio

VI. Conclusion

Conventional valuation models are not generally applicable to patents. In addition, where they are applicable, they are labor intensive, and often require a series of assumptions. The PatentValuePredictor model is unconventional in the sense that it applies a modified version of income theory in which a nominal cash flow is determined based upon a macro economic model that applies heuristic rules. It has the benefits of being completely objective, applicable to all patents, inexpensive, and quick. Application of that model to the universe of U.S. patents indicates that the most valuable patents have generally been in the pharmaceutical and biotechnology technology area for the last three decades.

About the Author

Rick Neifeld is a Ph.D. (in Physics) patent attorney and managing partner and President of Neifeld IP Law, PC, whose URL is www.Neifeld.com. Neifeld IP Law is located near the USPTO, and it specializes in U.S. and international patent protect ion, licensing, advise, and counseling, and specialty matters at the USPTO. Rick is also a patent interference practitioner, former Chair of the Interference Committee of the AIPLA, and co-owner of the patent related services provided at www.PatentValuePredictor.com.

Golden Age by Union Carbide Productions?

I love this song. What do you think of it? I really think they are underrated.
http://www.youtube.com/watch?v=xugJMqjo0H0

Given their name I was expecting a furious punk band. But it was a chill song, good deal.

Where was Moody's board when top-rated bonds blew up?
WASHINGTON — As the bottom fell out of the housing market and complex mortgage-backed securities began tanking in 2007, a strange thing happened at Moody's Investors Service, one of the largest firms that rate bonds for the risks they pose to investors.

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