Patents
A patent for an invention is granted by the government to the applicant, and gives him the right for a limited period to stop others from making, using or selling the invention without permission. When a patent is granted, the applicant becomes the owner of the patent. However, a patent will be granted only if it satisfies the conditions of patentability. Like any other form of property, a patent can be bought, sold, licensed or mortgaged. Patents are territorial rights, so an Indian patent will only give the owner rights within India and rights to stop others from importing products into Indian Territory.
Aside from market value and pricing power, patents can deter your competition from copying your product or service, or when they fail to respect your patent, entitle you to claim monetary damages for your lost profits from competitors who do. This provides a level of security that allows new companies to build their business without being quickly overcome by large competitors with more resources.
Our firm’s greatest strength is in helping clients with patents. We are particularly experienced in helping companies achieve their patenting objectives in a way that allows them to budget their expenditures to scale with the growth of their business.
- Drafting of Patent Specifications
- Patentability Assessment
- Patent Research – Invalidity, Product Clearance, Freedom To Operate (FTO)
- Filing of Patent Applications
- Filing of International / PCT applications
- Filing of National Phase Applications – India, US, UK, Europe, China, Japan, Australia, Singapore and many more.
- Patent Prosecution
- Patent Portfolio Management
- Patent Renewals
- Patent Valuation and Commercialization
- Licensing Agreements and Technology Transfer
- Patent Litigation
A patent for an invention is granted by the government to the applicant, and gives him the right for a limited period to stop others from making, using or selling the invention without permission. When a patent is granted, the applicant becomes the owner of the patent. However, a patent will be granted only if it satisfies the conditions of patentability. Like any other form of property, a patent can be bought, sold, licensed or mortgaged. Patents are territorial rights, so an Indian patent will only give the owner rights within India and rights to stop others from importing products into Indian Territory.
Aside from market value and pricing power, patents can deter your competition from copying your product or service, or when they fail to respect your patent, entitle you to claim monetary damages for your lost profits from competitors who do. This provides a level of security that allows new companies to build their business without being quickly overcome by large competitors with more resources.
Our firm’s greatest strength is in helping clients with patents. We are particularly experienced in helping companies achieve their patenting objectives in a way that allows them to budget their expenditures to scale with the growth of their business.