Q4: (max 200 words) 5 marks: Diabeteck is a small medical organization that has designed an innovative insulin delivery system that uses transdermal patches. This technology has been through extensive clinical trials and has been shown to be most effective for treating gestational diabetes. Company representatives have recently participated in a medical tradeshow and have learned of a company in the process of developing a similar patch. Even though Diabeteck is significantly ahead of development than its competition, it is considering patenting its system. 1. Discuss the pros and cons for Diabeteck for patenting their transdermal insulin delivery system. 2. In your opinion, should the company apply for a patent