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Entelos Announces U.S. Patent For The Development


Foster City, CA, - Entelos, Inc. today announced that the Patent and Trademark Office has issued U.S. Patent No. 6,983,237, entitled “Method and Apparatus for Conducting Linked Simulation Operations Utilizing a Computer-Based System Model.” This patent was awarded to Entelos for its invention of a key technology to effectively develop and use virtual patients—in silico representations of actual patient subpopulations. This enabling technology allows Entelos researchers to rapidly assess the safety and efficacy of drugs for pharmaceutical research and personalized medicine purposes.

“This patent represents yet another milestone in Entelos’ intellectual property strategy, and indicates the company’s commitment to protecting its leadership position in the field of predictive biosimulation,” stated Charles Sholtz, J.D., Ph.D., Vice President, Legal Affairs and Intellectual Property at Entelos. “Currently, we have 12 issued patents and over 70 pending applications worldwide directed to o

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Activity based cost accounting - an accrual-based accounting method for determining unit-based costs of delivering services by allocating the costs to budgetary resources.

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Abandon

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The explicit or implicit relinquishment of a potential patent right. Simple inaction may render a patent right abandoned

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