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  "documentTitle": "Herbalife, Ltd. (HLF)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
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  "presentationDate": "2012-12-20 00:00:00",
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  "notes": "The slide uses a red circle to highlight the single patent held by Herbalife, emphasizing the disparity.",
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      "text": "The companies below have received approximately the following number of U.S. patents in the healthcare / nutrition area",
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      "text": "Bar chart showing patent counts: Kellogg's (228), Mead Johnson (49), NBTY (21), GNC (21), Herbalife (1)",
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      "text": "(1) Herbalife only has one utility patent assigned to it entitled “Herbal Supplement to Support Weight Loss” (U.S. Patent No. 7,329,419). In addition, Herbalife has one design patent for an oral supplement (which appears to be an oral tablet with the Herbalife symbol on it). Source: Sullivan & Cromwell.",
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      "text": "Herbalife Has Only One U.S. Patent",
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