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Friday - February 10, 2012

In my view, the Christian religion is the most important and one of the first things in which all children, under a free government ought to be instructed.. .No truth is more evident to my mind than that the Christian religion must be the basis of any government intended to secure the rights and privileges of a free people.
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1828 Noah Webster Dictionary

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In celebration of Noah Webster's Birthday (October 16, 2009), we have prepared an updated website.
Please update your bookmarks: http://www.1828-dictionary.com/d/word/catch

catch

CATCH, v.t.

1. To seize or lay hold on with the hand; carrying the sense of pursuit, thrusting forward the hand, or rushing on.

And they came upon him and caught him. Acts 6.

2. To seize, in a general sense; as, to catch a ball; to catch hold of a bough.

3. To seize, as in a snare or trap; to ensnare; to entangle.

They sent certain of the Pharisees and of the Herodians, to catch him in his words. Mark 12.

4. To seize in pursuit; hence simply to overtake; a popular use of the word.

He ran, but could not catch him companion.

5. To take hold; to communicate to.

The fire caught the adjoining building.

6. To seize the affections; to engage and attach to; as, to catch the fair.

7. To take or receive by contagion or infection; as, to catch the measles or small pox.

8. To snatch; to take suddenly; as, to catch a book out of the hand.

9. To receive something passing.

The swelling sails no more catch the soft airs and wanton in the sky. Trumbull.

To catch at, to endeavor to seize suddenly.

To catch at all opportunities of subverting the state.

To catch up, to snatch; to take up suddenly.

CATCH, v.i.

1. To communicate; to spread by infecting; as, a disease will catch from man to man.

2. Any thing that seizes or takes hold, as a hook.

3. The posture of seizing; a state of preparation to catch, or of watching an opportunity to seize; as, to lie upon the catch.

4. A sudden advantage taken.

5. The thing caught, considered as an object of desire; profit; advantage.

Hector shall have a great catch. Shak.

6. A snatch; a short interval of action.

It has been writ by catches.

7. A little portion.

We retain a catch of a pretty story.

8. In music, a fugue in the unison, wherein to humor some conceit in the words, the melody is broken, and the sense is interrupted in one part, and caught and supported by another, or a different sense is given to the words; or a piece for three or more voices, one of which leads and the others follow in the same notes.

1828 Noah Webster Dictionary

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News: likely

February 10, 2012
[12:05:25 AM] (PDT)

How long do patents last?

Patents have a maximum life of 20 years and, therefore, a 20-year potential monopoly. Patents that are just beginning their life and which have longer to run on the their potential monopoly position understandably will have more value. It is rare that a patent nearing the end of its term will cause a great threat to its competitors. It is almost certain that they will have devised technologies or products of their own by then that will not interfere with the patent owners monopoly position. In addition, one has to take into consideration the potential business life of a patent, i.e., the duration, which a patent is likely to be economically useful, if other subsequent patents are providing better alternatives to it.

Weak constitutions result in under-evaluations

Myopia is generally what happens when unprecedented opportunities are placed before them. Those in the know generally do better than those in the worry. Consider Cetus, a startup biotech with a focus on a liver drug. The FDA delayed the approval of the drug, and a major funding crisis ensued. Chiron offered to take over the liabilities contingent on the sale of two patents (# 4,683,202 and # 4,683,195) to a third party, Roche Molecule for $300M (in 1993). This sale was stalled because DuPont challenged the validity of the patents, based on the formal claims written by the inventor (not a patent attorney), Kary Mullis. In the end, the soap opera turned out well for the investors with weak constitutions. For $300M, they sold the two patents to Roche, turned the company over to Chiron, and walked away. Kary Mullis won the Nobel prize for his invention embedded in these two patents, known as polymerase chain reaction (PCR) which allows DNA to be cloned. Over 4000 patents in biotech cite these original two patents. In our estimation, $300M represents "pennies on the dollar" valuation of these patents. The shareholders got a payday, and left the game. Roche on the other hand is thriving based on its intangible assets. Let IPstreet.com assist you.

0.021635055541992|February 10, 2012 => 4:35 am