Estate of Burton W. Kanter, Deceased, Joshua S. Kanter, Executor, and Naomi R. Kanter, et al. - Page 354

                                                -412-                                                   
            Kanter was unable to explain or describe what those rights might                            
            be, nor was any other evidence presented that would establish or                            
            support his contention.  Kanter testified:                                                  
                        [Kanter]: * * * But it was my understanding and my                              
                  belief that there is a body of rights that, unless                                    
                  encompassed by a specific patent that would be issued                                 
                  to Sloan-Kettering and Newport, under which they could                                
                  theoretically preclude the exploitation of that limited                               
                  right, all other rights that might result from this                                   
                  particular research project did belong to IRC and that                                
                  they were broad enough in--as we understood it to allow                               
                  for exploitation of a profitable product or to move to                                
                  the next stage of possible licensing, if in fact there                                
                  was something developed.                                                              
                        The Court:  So this body of rights that you are                                 
                  referring to--would these be rights that would be                                     
                  considered research and development.                                                  
                        [Kanter]:  Well, actually my recollection is--and                               
                  the [Estate of Cook] record will disclose it more                                     
                  accurately--Dr. Glasky tried to point out to the Court                                
                  at that time that there is in this pharmaceutical field                               
                  not the necessity at any given time for a research and                                
                  development project that you develop a marketable                                     
                  product that can go on the shelf in a drugstore, but                                  
                  that in this field it is common to bring research to a                                
                  point where you can license what you have developed to                                
                  a large pharmaceutical manufacturer, who will take it                                 
                  to another stage to bring it to a commercial product                                  
                  that will be put on the shelf.                                                        

                  158(...continued)                                                                     
                  patent rights, to own the rights, and that IRC owned no                               
                  rights.                                                                               
                        *           *           *            *           *                              
                        [Petitioners' counsel]:  Well, in fact, isn’t it                                
                  true, Mr. Kanter, that unless a patent was obtained or                                
                  reissued, that all rights would have remained in IRC?                                 
                  [Kanter]: That is my understanding.                                                   
            Kanter, Transcr. at 4851-4854.                                                              




Page:  Previous  402  403  404  405  406  407  408  409  410  411  412  413  414  415  416  417  418  419  420  421  Next

Last modified: May 25, 2011