Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 368

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 368
---
and abroad related to our development programs and product candidates. The patent prosecution process is expensive and time-consuming,
and we may not be able to file and prosecute all necessary or desirable patent applications at a reasonable cost or in a timely manner.
Furthermore, there is always a risk that our licensed or owned issued patents and any pending and future patent applications may not protect
our product candidates, in whole or in part, and may not effectively prevent others from commercializing competitive product candidates,
or that an alteration to product candidates or processes may provide sufficient basis for a competitor to avoid infringing our patent
claims. The risks associated with patent rights generally apply to patent rights that we in-license now or in the future, as
well as patent rights that we may own now or in the future.

It is also possible that we will fail to identify patentable aspects
of our research and development output before it is too late to obtain patent protection. Although we enter into non-disclosure and
confidentiality agreements with parties who have access to confidential or patentable aspects of their research and development output,
such as employees, corporate collaborators, outside scientific collaborators, CROs, contract manufacturers, consultants, advisors and
other third parties, any of these parties may breach the agreements and disclose such output before a patent application is filed, thereby
jeopardizing our ability to obtain patent protection. In addition, while we will have pre-publication review procedures in effect,
premature or inadvertent publication of potentially patentable subject matter could preclude our ability to obtain patent protection.

We may choose not to seek patent protection for certain innovations
or product candidates and may choose not to pursue patent protection in certain jurisdictions, and under the laws of certain jurisdictions,
patents or other intellectual property rights may be unavailable and, in any event, any patent protection we obtain may be limited. As
a result, product candidates may not be protected by patents in all jurisdictions. We generally apply for patents in those countries where
we intend to make, have made, use, offer for sale, or sell product candidates and where we assess the risk of infringement to justify
the cost of seeking patent protection. However, we do not seek protection in all countries where we intend to sell product candidates
and we may not accurately predict all the countries where patent protection would 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. The patent applications that we