Skyquest organised a Technology Roadshow

On 28 Aug 2010, Skyquest Technology Consulting Pvt. Ltd. organised a "Technology Roadshow" in Ahmedabad. It was attended by people from across India representing different domains of Life sciences Industry.

It is first of its kind event in the country where "Skyquest" has showcased fifty patented technologies (both from India and abroad) in the areas of pharmaceuticals, Medical Devices, Diagnostics and Biotechnology.

Showcasing all such technologies at on go helped both the "Skquest" and participants in creating a common platform for their commercialization.

The event proved to be a success for "Skyquest" as it was able to generate interest from participants for many of the promising technologies. And I hope this will further materializes into successful techno-commercialization deals.

With this successful event, "Skyquest" is now working towards organising "BIOINDIA-2010" event which is going to take palce around 23 rd Sep 2010 in Hyderabad.

Anil Hooda- Technology Associate

Skyquest Technology Group

anil.hooda@skyquestt.com

Is Invention Valuable or Worthless?

There are many examples available in the history which put forth the true picture about the patents. Alexander Graham Bell’s telephone patent is one such example. His patent has been considered as the single most valuable patent ever issued in the history of the world. But he never had the money, political connection and above all the business experience to make his invention a commercial success. So he had to bring his invention to Gardiner G.Hubbard, a prominent Boston attorney and entrepreneur for the practical business and legal advice. Hubbard provided him all sorts of help for marketing and licensing the patent. Hubbard made the appropriate arrangements for ownership of the patent and creation of a new company to develop it. Hubbard organized a trust that issued 5,000 shares of stock. Bell shared the stock with Thomas Watson, his assistant, Hubbard, and Thomas Sanders, another key figure making his invention to become a business success, the Bell Telephone Company.

So the question that arises here is what if he had not found anybody to make his invention a success. I think his invention might have remained worthless for long.