Company: NCEL
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044868
Chunk: 40

Company: NewcelX Ltd.
Filing Date: 2025-05-16
Form: 20-F
Item: Item 3
Chunk 40
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 that we seek to commercialize or develop, if any, t...  
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  if our patents are challenged, a court could determine that they are not valid or enforceable;  

  a court could determine that a competitor’s technology or product does not infringe our patents;  

  our patents could irretrievably lapse due to failure to pay fees or otherwise comply with regulations, or could be subject to compulsory licensing; and  

  if we encounter delays in our development or clinical trials, the period of time during which we could market our products under patent protection would be reduced.  

Obtaining and maintaining our patent protection
depends on compliance with various procedural, document submission, fee payment and other requirements imposed by governmental patent
agencies, and our patent protection could be reduced or eliminated for noncompliance with these requirements.

Periodic maintenance fees
on any issued patent are due to be paid to the U. S. PTO and foreign patent agencies in several stages over the term of the patent. The
U. S. PTO and various foreign governmental patent agencies require compliance with a number of procedural, documentary, fee payment and
other similar provisions during the patent application process. While an inadvertent lapse can in many cases be cured by payment of a
late fee or by other means in accordance with the applicable rules, there are situations in which noncompliance can result in abandonment
or lapse of the patent or patent application, resulting in partial or complete loss of patent rights in the relevant jurisdiction. Noncompliance
events that could result in abandonment or lapse of a patent or patent application include, but are not limited to, failure to respond
to office actions within prescribed time limits, non-payment of fees and failure to properly legalize and submit formal documents. In
such an event, our competitors might be able to enter the market, which would have a material adverse effect on our business.

We may not be able to enforce our intellectual
property rights throughout the world.

Filing, prosecuting and defending
patents on product candidates in all countries throughout the world would be prohibitively expensive, and our intellectual property rights
in some countries outside the United States and Switzerland can be less extensive than those in the United States and Switzerland. In
addition, the laws of some foreign countries do not protect intellectual property to the same extent as laws in the United States and
Switzerland.