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| Patent License and Patent Marketing Rights Granted to the RTC | ||
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On September 15,2010 by way of license expiration,
RTC relinquished its right to market and license patent rights to
two health care
patents in retail telemedicine (E-Visit and/or Web-Visit
technology) where various retailers (retail stores, insurance
companies, web developers and/or kiosk owners) act as the financial
middleman between doctors and patients having E-Visit consultations
via the Internet. The recent industry-wide acceptance of this technology made non-exclusive licensing a sensible, cost-effective way to allow broad use of the technology while simultaneously preserving our rights and our rural health care mission. Accordingly, RTC no longer licenses this technology. For those companies who are now incorporating E-Visits or plan to incorporate E-Visits into its product line, our former grantor, Medcom Technology Associates, Inc., continues to offer commercial license opportunities. While RTC still has a license to develop and use this technology for the benefit of our rural health care initiative, our Voluntary Licensing Program has ended. Potential licensee's had until September 15, 2010 to license this technology for a one-time licensing fee. Licenses were offered on a non-exclusive, non-discriminatory, fully paid-up basis and provided an irrevocable Patent License for a Licensee's services and activities in the fields of E-Visits and telehealth services. For example, the patients, hospitals, clinics, doctors, nurses, health care providers, retailers, pharmacies, representatives, customers, and other participants in the Licensee's services and activities shall be licensed under the Licensed Patents for their services and activities while conducting Licensee's business. RTC had the exclusive right to market this patent and the portfolio to the benefit of our organization via the Voluntary Licensing Program. A license to this technology may offer a company significant commercial advantages in the market in the coming years, as well as past, present and future patent protection. A Voluntary License offers broad, permanent and cost effective protection as a firm moves forward with various online care initiatives. At a minimum, a license to this technology allows a company the freedom to conduct E-Visits and online consultations on its own terms, using whatever technology or technology vendor they choose. To contact Medcom Technology Associates, Inc. please call us or email us at the email address below. |
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