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Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the
Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes which it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells a patent. The history of Fields patent number 758-6002-1A is as follows.
Date | Activity | Cost | ||
20082009 | Research conducted to develop precipitator | $382,000 | ||
Jan. 2010 | Design and construction of a prototype | 85,400 | ||
March 2010 | Testing of models | 57,400 | ||
Jan. 2011 | Fees paid engineers and lawyers to prepare patent application; | |||
patent granted June 30, 2011 | 66,300 | |||
Nov. 2012 | Engineering activity necessary to advance the design of the | |||
precipitator to the manufacturing stage | 95,000 | |||
Dec. 2013 | Legal fees paid to successfully defend precipitator patent | 57,400 | ||
April 2014 | Research aimed at modifying the design of the patented precipitator | 58,400 | ||
July 2018 | Legal fees paid in unsuccessful patent infringement suit against a | |||
competitor | 36,000 |
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