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Biotech / Medical : Provectus Pharmaceuticals Inc.
PVCT 0.0600+16.5%Nov 26 3:10 PM EST
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To: Howard Williams who wrote (11509)9/26/2012 7:18:40 PM
From: Cal Amari4 Recommendations  Read Replies (1) of 13111
 
The document linked to your email (International Patent Application Publication No. WO/2012/122444) is a published PCT application. An application under the Patent Cooperation Treaty is centrally examined and results in issuance of a non-binding examination report ("International Preliminary Report on Patentability" or IPRP). Patent rights are ultimately granted on a national basis. If the applicant (or in this case, the joint applicants Provectus and Pfizer ...) chooses to seek national patent protection, then the deadline for filing regional/national applications is nominally 30 months from the earliest priority date of 3/10/2011 - so the nominal regional/national phase deadline will be 9/10/2013.

The PCT proceedings can be monitored using the following link:

patentscope.wipo.int

The next major event in this application will be issuance of the International Search Report and Written Opinion. If the ISR/WO is positive, then the IPRP will reiterate the findings of the WO. Certain jurisdictions (e.g., Singapore and Malaysia) will confer automatic patent allowance if a patent applicant presents a positvie IPRP and pays a national fee. In most jurisdictions, however, a supplemental search and examination are performed, such that a positive result in the international phase of the PCT does not always translate into a national patent.

It will be interesting to see the progress of this application. As a longtime PVCT shareholder, I am heartened at the news that PFE and PVCT are collaborating on IP.
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