Supermax nitrile glove patent

Tillotson Corporation, the US-based owner of the nitrile glove patent.

Companies in the Supermax Group — Seal Polymer Corporation Bhd, Supermax Manufacturing Sdn Bhd, Maxter Glove Manufacturing Sdn Bhd, Supermax Latex Products Sdn Bhd, Supermax Inc and Asia Pacific Latex Sdn Bhd, a unit of APL Industries Bhd

Supermax Corporation Bhd has agreed to pay US$1.05 million (RM3.46 million) as part of its settlement and licence agreement with Tillotson Corporation, The licence agreement also covers companies in the Supermax Group

Supermax will also pay royalties of US$2 per 1,000 gloves for sale of nitrile gloves to unlicensed distributors and US$1 per 1,000 gloves to licensed distributor as part of the agreement, The royalties have been budgeted (since August 2007) into all forward sales of nitrile gloves to the US market.

source:
http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_5d23bc6f-cb73c03a-39060b00-97d14ac0