Hazer Group Ltd (ASX:HZR) has confirmed that its patent applications are currently all pending and no correspondence has been received to date from any patent office which yet either gives rise to or precludes the grant of any future patent rights.
The company currently has four patent families:
(i) A process for producing hydrogen from hydrocarbons
This patent family is pending in the US only and is a legacy patent family inherited from the initial transfer of intellectual property (IP) from the University of Western Australia on Hazer’s establishment.
This patent application does not have material commercial relevance to Hazer’s core development activities.
(ii) A process for producing hydrogen and graphitic carbon from hydrocarbons and (iii) a process for controlling the morphology of graphite
Families (ii) and (iii) have each entered national phase in 23 jurisdictions and are currently working their way through the formal examination procedure in each jurisdiction to ensure compliance with local laws.
This is generally an extensive process that involves detailed correspondence between patent applicants and the various national patent offices to address procedural or substantive issues that may be raised.
(iv) A system for the production of hydrogen and graphitic carbon
This patent family has been filed as a patent cooperation treaty (PCT) application which is a place holding application that preserves the future right to file in any one of 152 member countries.
This is known as the international phase. Hazer is continuing to assess this application and no decision has yet been made on whether to proceed further to additional national phase applications or not.
Intellectual portfolio (IP) strategy
Hazer has devised and is implementing a sound strategy to respond to the objections and citations raised for each family.
The company is utilising well-credentialed specialist legal services to both review its IP protection strategy and manage the patent applications.
Hazer also noted it has received enquires in relation to a range of public documents that are generated as its patent applications move through the patent application process.
These have been procedural documents that are a usual part of the patent application process.
The company is continuing to respond to these notices as part of its ongoing management of the patent process.
None of these documents gives rise to or precludes the grant of any future patent rights and as such in Hazer’s view do not require disclosure.