Have you made a groundbreaking invention with possible human therapeutic application? Validate your discovery in a eukaryotic/mammalian model and file the patent application ASAP with that data. When your discovery becomes public but still needs such validation, others will be expending significant resources, and watching you closely, racing to make and file first on the […]
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When big biopharma comes to conduct diligence, key patents will be scrutinized. Before diligence started, give key patents a check-up ahead of time. Ensure things are in good order and make corrections if needed. Don’t wait! Some corrections have deadlines. What does biopharma scrutinize in these key patents? How well they cover the product. Whether
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Patent Applications: When and What to File. Even if you don’t intend to file a patent very soon, engage patent counsel early regarding research and goals. Come to a preliminary understanding regarding: Patent claims of interest. Preferred data to support those claims. Target dates for data availability and a patent application filing plan. This can
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Biotech freedom to operate (FTO) issues are common; resolution can be complicated and have a protracted timeline. FTO risk will be assessed by a suitor during diligence. Significant issues could impact their estimate of product value. So what can a biotech do early on? Consider engaging patent counsel to develop a smart, balanced cost:benefit approach.
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