Somewhere around the mid- to late 2000s, I was researching LiFEPO4 patents, and came across the University of Texas (UT) patent for which you are listed as an inventor. When I investigated licensing the patent, it was so expensive that it was not profitable to bother with the license at all. The factory partner I worked with was in China, and they were mass-producing the same LiFePO4 for jurisdictions not impacted by the patent.
As I understand it, the law firm that UT chose to manage the patent set a price that was incredibly high. Then, invariably, some company would build a market for a LiFePO4 product that violated the patent, and then the law firm would step in after the company had actually done some business and sue them for all they were worth. I have to admit that this last bit was told to me by some battery industry veterans, but it seems plausible based on how the battery industry works.
Nonetheless, the decision of UT to exclusively grant permission to the law firm to manage the patent kept the invention out of the market and likely cost UT some incredible amount (billions?) in royalties.
How do you feel about your invention, which clearly made mass-production of the chemistry viable, being effectively kept off the market for so long?
(BTW, when UT lowered their prices with, like, 5 years or so left on the patent, the factory I worked with immediately purchased the licensed material for selling their batteries in the U.S.)
The decision doesn't have to be logical; it was unanimous.