Assigning a patent application to a corporate entity (C-corp, S-corp, or LLC) is almost always a best practice. Many inventors don’t understand the value of this procedure, so lets break it down and explain why it should be done. What is a Patent Assignment? A patent...
In this video, I discuss how patents are one leg of an organic business plan that is almost always necessary for success when developing an innovative...
I discsuss in this video a few key benefits to pursuing a patent portfolio. These benefits include incentivizing inventors to make inventions, protecting markets and products, and as an asset. Patents as assets are valuable as a basis for a license and to value a...
The Hatch-Waxman Act (formally known as the Drug Price Competition and Patent Term Restoration Act) is a law passed in 1984 that created the generic drug industry as we know it today in the United States. The Hatch-Waxman Act was created in response to a court case...
{3:00 minutes to read} A patent gives the patent owner the ability to exclude someone else from practicing the claimed invention, which can lead to market exclusivity if a product is within the scope of an issued patent claim. But an important strategic option could...
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