Aprecia Pharmaceuticals LLC has been marketing the drug levetiracetam under the name Spirtam®, as an anti-seizure. What caught my attention was the carrier for the drug, which was printed using an additive manufacturing technique, also known as 3D printing. This technology has been widely publicized over the last few years, and used to make automotive parts, aerospace parts, firearms, and medical devices, among other products. Aprecia Pharma’s patented use of 3D printing for pharmaceutical compositions is a first, and allows xenobiotics (drugs) to be made in highly porous matrix that dissolves in the mouth within a mean time of 11 seconds. Read More
Many people start the patenting process after having developed an idea into an invention. However, once the invention is formed, there are many more items to consider, which depend on the inventor’s goals for the invention, such as bringing the invention to market by himself or herself, seeking out investors to bring an invention to market, or seeking someone else to “purchase” the technology. Ultimately, a patent defines an area of protection, where the owner of a patent can prevent others from making, selling, importing, and offering to sell the invention in the country where the invention is patented. Read More
The Supreme Court decided it is unconstitutional for the government to prevent registration of trademarks based on a subjective determination of offensive content, with all justices that issued an opinion. In the case, Matal v. Tam, an Asian-American band named The Slants attempted to register the band’s name. The application was rejected based on a portion of the federal trademark act banning marks that disparage, foster contempt, or disrepute any living or dead person, namely that the name The Slants degraded those of Asian descent. Read More
Its a new year! For Florida business owners, that means its time to file your 2015 Florida Annual Report with the Department of State, Division of Corporations. The report is filed electronically on the state’s website, and must be completed between January 1, 2015 and midnight(EST) on May 1, 2015 in order to avoid the hefty $400 late fee. Failure to file the Annual Report on time will also cause the state to administratively dissolve your company on September 25, 2015! Need we say more?
As you navigate the Florida Annual Report filing process, please be vigilant of scams. Florida’s public records law is superb and allows for easy access to information on Florida registered entities for legitimate purposes. Unfortunately, the easy access to company information, also makes it easy for many scammers to pray on unsuspecting business owners. Over the years, many such “companies” have come to existence. However, most notably the green envelopes come to mind. Every year those “official” green envelopes are sent to your place of business (we know at least some of you are nodding your heads right now) informing you of those important annual minutes you are required to file and asking you for money. Don’t fall for it!
The scam generally goes like this: you get an official looking letter in the mail that looks to be from the Division of Corporations telling you you must obtain a “Certificate of Status” or file annual minutes or some other required business license, and that this service costs $49, $85, $125, etc. A Certificate of Status is actually a legitimate service offered by the state. However, it currently only costs $5 for LLCs and $8.75 for Corporations AND most importantly it is purely optional and completely unnecessary for most business entities in Florida! Annual Minutes are an internal document kept by corporations and never needs to be filed with the state.
Here are 3 tips to keep you on track and avoid scams!
1. Division of Corporations will contact you by email! They require each entity to keep a valid email address of file and they no longer send you notices regarding your Annual Report Filing using snail mail! So avoid all official looking mail purportedly sent to you from the Division of Corporations and asking for money.
2. If you do get an email or an official looking letter that you are convinced comes from the state, DO NOT respond via snail mail. Go directly to the state’s website instead. You can also email the state at [email protected] or call them at (850) 245-6056 for help.
3. When in doubt, contact a qualified Florida business attorney, they will know how to spot a fake! A qualified attorney can also serve as your registered agent, help fill out your legitimate annual report, and answer any questions you might have about it!