Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 57

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 5
Chunk 57
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 are successful in defending against such actions or investigations, we could
incur substantial costs, including legal fees, and divert the attention of management in defending ourselves against any of these claims
or investigations.

Risks Related
to Our Intellectual Property

We depend on our intellectual property, and
our future success is dependent on our ability to protect our intellectual property and not infringe on the rights of others.

Our success depends, in part, on our ability to obtain
sufficient patent protection and/or licensing rights for Deep TMS (including, but not limited to, the various H-Coils utilized in our
devices and various product features/capabilities), maintain the confidentiality of our trade secrets and know-how, operate without infringing
on the proprietary rights of others, and prevent others from infringing our proprietary rights. Our success also depends, in part, on
the ability of the U. S. Public Health Service, or PHS, which refers collectively to the National Institutes of Health, or NIH, the Centers
for Disease Control and Prevention, or CDC, and the FDA, as agencies of the PHS within the DHHS, and Yeda Research and Development Company
Ltd., or Yeda, the technology transfer arm of the Weizmann Institute of Science, from whom we license essential intellectual property
upon which the Deep TMS technology is based, to obtain sufficient patent protection for such intellectual property, maintain the confidentiality
of related trade secrets and know-how, operate without infringing on or violating the proprietary rights of others, and prevent others
from infringing or violating the Company’s owned and/or in-licensed intellectual property.

  33  

We and our licensors try to protect our proprietary
position by, among other things, filing U. S., European, and other patent applications related to Deep TMS, as well as to inventions and
improvements that may be important to the continuing development of Deep TMS. While we generally apply for patents in those countries
where we intend to make or have made, use, sell, or import patented products, we may not accurately predict all of the countries where
patent protection will ultimately be desirable. If we fail to timely file a patent application in any such country, we may be precluded
from doing so at a later date. In addition, we cannot assure you that any of our future processes or product indications will be patentable
or enforceable even if patented; our processes or product indications will not infringe upon the patents of third parties;