RE: Patents'22 Oct 2025 15:29
Cute how you keep mistaking confident rhetoric for actual substance. You can dress it up with “spoken to the engineers” all you like, but the reality is that patents are only as valuable as the company’s ability — and willingness — to defend them. Without enforcement, deterrence is theoretical at best.
You’re right that patents can signal credibility to investors or potential partners, but that’s optics, not protection. If PHE’s balance sheet can’t sustain a serious defence, then those filings function more like window dressing than legal armour. A deterrent that everyone knows won’t be tested isn’t much of one.
And about this “real world” point — yes, modern IP monitoring systems flag potential conflicts, but flags don’t stop infringements; they just start invoices for legal counsel. The 1980s didn’t disappear, they just got digitised.
So, sure, patents look great in a deck and can underpin future valuations — but only if there’s genuine capacity behind them. Otherwise, they’re just paper trophies waiting for someone with deeper pockets to test their resolve.