RE:RE:Brainport Balance versus PoNS - patent protection?The royalties, 4% of net revenues, are paid to Advanced NeuroRehabilitation, LLC (Exclusive Licensee of Background Patent). The Background Patent Owners are in this case Yuri P. Danilov, Mitchell E. Tyler, Kurt A. Kaczmarek. They all work for Helius Medical, not Wicab.
From what I know, Helius never paid a dime to Wicab.
Prokofiev
Jayrus4 wrote: If you look at their filings, there is a reference to patent royalties or licenses. I believe this is a license to Wicab. In earlier years, there was some litigation between the two companies presumably resolved with a license agreement.
However, I believe that is only for the device design. Helius has a load of method and use patents which pretty much lock up all treatments for mTBI and other indications for the duration of the patents. At least that is what I found looking into it earlier this year.