Patent It or Lose Out to Someone Else
Today's post is more or less just a link to a video of Dr. Paul G. Yock, M.D.
Dr. Yock is a Stanford cardiologist internationally known for his work in inventing, developing and testing new devices, including the Rapid Exchange balloon angioplasty system, which is the dominant angioplasty system in use worldwide. Yock also invented a Doppler-guided hypodermic needle system, the Smart Needle and P-D Access. Dr. Yock is Director of the Center for Research in Cardiovascular Interventions, a Stanford facility that develops and tests new technologies in cardiovascular medicine. He authored the fundamental patents for intravascular ultrasound imaging and founded Cardiovascular Imaging Systems, now a division of Boston Scientific resulting from a 1994 acquisition for over $100M.
Dr. Yock in his video presentation tells you why you must take the time to file patents on your idea. The entire video is less than 3 minutes. Please click on the link below and watch this video -- it well worth your time.
http://edcorner.stanford.edu/IndivRec?mid=454&author=61