We improve the value of patents by providing a business and technical perspective. After analyzing thousands of patents, producing hundreds of claim charts selling and licensing patents we have a pretty good idea what drives value. Whether supporting assertions, selling patents, strengthening your portfolio, we keep your goals in mind.
Patent claims provide owners the “right to exclude others,” i.e. they put the world on notice with respect to the subject area and boundaries of an invention. Strong Evidence of Use (EoU) is a critical component in the successful monetization of a patent portfolio, buyers and licensees frequently base their decision based on compelling EOU in the form of a claim chart. In the patent world, claim charts are used to illustrate how a real-world product or service is infringing on a given patent claim or claims. A vital tool, claim charts demonstrate “use” of the patent claims in relation to a product or method in a clear and concise manner. Infringement must be proven either by showing that the product or method infringes each and every element, or each and every step of the asserted claims, providing concrete factual evidence that a patented invention is being used.
US assets account for most value because this is where the largest damage awards are available. The US is unique in that it allows to file continuation applications allowing inventors the benefit of claiming new inventions and allowing the earlier filing date of the initial application. A continuation application can be filed at any point while at least one patent application in the family is pending. Many inventors fail to seize upon this unique advantage, being content to receive their initial patent and neglect to file a continuation to maintain the family alive. Buyers will pass on a portfolio that can no longer evolve, rather continuation applications should be leveraged to bolster a patent portfolio and provide additional patent protection, thereby increasing value.
If you have any questions or require more information about our Custom Services, please contact us. We’d love to hear from you.