LEAPS AND BOUNDARIES
could shoot web-like material from the palm of the user’s hand, thus mimicking Spider-Man’s web-shooters. Despite an unsuccessful attempt by Kimble to sell the patent to Marvel, Marvel commenced selling its own Web Blaster. Kimble in turn sued Marvel for infringement of his patent. The matter was settled in 2001 when Marvel purchased the patent from Kimble for more than $500,000 and royalties of 3% of net product sales. It is alleged that Marvel paid in excess of $6m in royalties prior to the expiry of the patent in 2010.