So you admit you do not know the appropriate response.<quoted text>
Now you're an author of fiction? Too damn funny Mobarf. FOS!
It's a straightforward matter of patent law.
Mobarf, AND you're supposed to be the patent consultant? Go work in your lab. Frickin' idiot.
HIJ Corp., just patented an oilfield lubricant, claiming a mixture, comprised of components A, B, and C. WXY Corp patented a superior formula, claiming a formula consisting of A, B, C, and D. D is a new compound of which WXY also holds a “composition of matter” patent – they have patented the compound itself. Your oil drilling company is struggling on a new critical project. WXY’s formulation solves all of your problems. HIJ’s formulation does not solve your problems. You hear through the grapevine that your main competitor, Evil Empire, Inc., is engaged in negotiations for an exclusive license to WXY’s formulation. If Evil Empire secures the license and uses the new formulation, it will most likely put you out of business. John Smith, CEO of WXY calls you on the phone and asks if you are interested in an exclusive license. He is eccentric and only wishes to license one company with an exclusive license. You can beat Evil Empire’s price, and they cannot afford to top your best offer. All you have to do is beat their offer, but WXY’s asking price is all you can afford. Your team of lawyers correctly informs you that both of WXY’s patent are “bulletproof” and can withstand any validity challenge in the federal courts. What is your response to John Smith’s offer?