BERWYN, Pa.--(BUSINESS WIRE)--Nov. 25, 2003--Guardian Technology Partners, LLC, a leading Intellectual Property (IP) licensing firm, reported today it has successfully completed a technology license agreement in the area of pharmaceutical research and development. The agreement, between Guardian's client, a global chemical company with annual sales in excess of $15 billion, and a multi-billion dollar global pharmaceutical company, was facilitated, negotiated and executed through the work of Guardian Technology Partners. The IP licensing process was managed by Peter Haabestad, Founder and Managing Director of Guardian Technology Partners. "We are pleased to be able to support our clients in their efforts to out-license valuable Intellectual Property portfolios and create additional revenue streams in non-core markets," said Haabestad. Although the terms of the deal were not disclosed, Guardian's global chemical client has extended Guardian's engagement and has stated it plans to add additional IP portfolios to Guardian's scope.
Intellectual Property is rapidly becoming the core source of wealth creation in many sectors of the world-wide economy. Today, valuation of corporate entities is primarily based upon the intangible assets of the firm, versus tangible asset valuation techniques of years past. This trend underscores the importance of IP management including know-how, patents, copyrights and trade secrets. Today's leading-edge technology companies must respond quickly and wisely to the IP call to arms and employ programs to maximize the protection and subsequent leverage of these intangible assets.
About the Company
Guardian Technology Partners is a leading licensing and commercialization firm of underleveraged Intellectual Property (IP) primarily into the pharmaceutical/biotechnology and life sciences marketplace. Guardian is comprised of a team of professionals drawn from medicine, science, technology, strategy, sales and marketing, and finance. Guardian follows the highest ethical and professional standards in representing its client's interests and their IP assets. Guardian provides broad technical expertise, strong business development skills, industry wide contacts, licensing know-how and a commitment to success. www.gtpllc.com
Guardian Technology Partners, LLC, Berwyn Peter H. Haabestad, 610-647-6000 firstname.lastname@example.org
Source: Guardian Technology Partners, LLC