Q: Do I require a patent to protect an herbal formula while I try to sell/license it? Will something cheaper suffice?
I have come up with a novel formula of herbs that act as a strong stimulant together. I developed it over years to overcome difficulties at jobs and to keep me awake on overnight drives. It is stronger than energy drinks, at least for me.
I'm looking to protect as I seek to profit off its value.
A: Very hard to say the exact and the only solution for you here. You should discuss this with your local intellectual property lawyer. In general, you can use the institute of trade secret and also carry some legal protection with it. However you need to meet some legal requirements for this and that should be definitely discussed with IP lawyer in your state. It has its pros and cons and final decision will always be upon you. I wish you a good luck with your business.
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