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On November 21, 2024, Gävle-based company HealthTextiles achieved another significant milestone on the international stage when the Commissioner of Patents in Australia granted a patent for their groundbreaking product, TorTex fabrics, under the title “Novel yarn and fabric.”
This recognition from Australia, a strategically important market, underscores the company’s ability to innovatively navigate technical and regulatory landscapes.
Tomas Persson, founder and owner of HealthTextiles, expressed his joy and gratitude:
– We are incredibly proud to have reached this goal. A big thank you to our team and partners, especially Chris Cadman and Sonja Hyvärinen at Potter Clarkson AB, who have been invaluable in this process. We also want to once again thank Christian Krog-Jensen at Karolinska Innovation for introducing HealthTextiles to Potter Clarkson at a crucial time when HealthTextiles needed to find a new full-service intellectual property firm.
This strategic approach highlights the importance of meticulous communication and collaboration in the dynamics of international business, particularly when dealing with global intellectual property rights.
The company’s success with its patent portfolio also reflects broader industry trends. Research shows that startups with patents often have a higher likelihood of achieving a profitable exit.
– Patents increase the likelihood of an exit, and the size of the patent portfolio also tends to lead to larger exits, says Persson, emphasizing the importance of strategic intellectual property protection.
With a patent valid until 2038, HealthTextiles is well-positioned for continued innovation and expansion. Their technological advancements in TorTex fabrics are expected to revolutionize both the healthcare and sports industries, paving the way for new applications and products that actively enhance people’s quality of life.
Their latest success in Australia is not only a technical achievement but also an example of how thoughtful and effective collaboration and communication can lead to real business breakthroughs on the global stage.
For more information please contact
Tomas Persson, Harvard MBA
Founder and Owner
info@healthtextiles.com
+46 (0)727-302081
About HealthTextiles
HealthTextiles is a leading Swedish manufacturer on a mission to save lives and reduce costs for the healthcare sector by developing innovative new healthcare uniforms and textiles. The company is also committed to improving the quality of life for women through innovative products such as menstrual underwear, through an exclusive agreement with Monthly of Sweden, a market leader in menstrual cups in Sweden. HealthTextiles works closely with its partners and investors to drive the industry forward and create positive change.
For more information see https://www.healthtextiles.com
Translated to English supported by AI, Chat GHP |