The medical device industry is changing so fast that getting your med device to market sooner rather than later is the priority. The rapid pace of new devices entering the market is shortening the lifespan of med device technology. The question is how will you bring your med device into the market to profit from this multi-billion dollar opportunity? Will, you market it directly, license it out to an established player, or use a combination of these two strategies?
In 2004, Dell faced a patent infringement lawsuit for selling its computers online. A small business claimed Dell violated its business method patent for selling a product internationally using the internet. How you do something – key processes and methods that give your business a competitive advantage – are valuable […]
Sometimes pooling your IP with others can be a better way to make money with it. Especially if it creates a billion dollar industry. Some of the biggest corporations in the world use patent pools to license their IP. It’s basically a joint venture strategy. The purpose of the […]
A small stationary products manufacturer used it to successfully defend its self against a large competitors claims. A small computer game company used it to defend an infringement suit by a major entertainment studio. And a small company used it to sue some of the largest US telecommunications companies for […]
Patent and technology know-how licenses are often confused. While they often go hand-in-hand, there are actually two different strategies for licensing them. Your patents are legal rights that only prohibit others from using the parts of your technology covered by the patent claims. Your technology know-how are your methods, materials, […]