Patent Portfolio Analysis often occurs during due diligence. For example, an analysis may occur when an investor is determining whether to purchase or invest in a company. Many times the investor obtains what they believe to be a thorough understanding of the portfolio, when in reality they only have a superficial understanding.
A provisional application is a summary of the invention and is filed to protect the invention at its early stage. If an applicant has filed the patent application for grant of patent he/she has to file the complete specification within a period of 12 months from the date of filing of the provisional application or else the application will be considered to be abandoned.
“At least one” refers to “one or more” components and therefore if a granted patent claims contains ” one ” or “at least one” will make a lot of difference if an infringer infringes upon the patented product. This example illustrates a need for language manipulation in patent claim writing.
International Patent Classification (IPC), Before filing for patent, the patent applicants should ascertain, that the subject matter in respect of which a patent is sought, does not fall under section 3 of the Indian Patent Act. A23C: DAIRY PRODUCTS, e.g. MILK, BUTTER, CHEESE; MILK OR CHEESE SUBSTITUTES; MAKING THEREOF (obtaining protein compositions for foodstuffs A23J 1/00; preparation of peptides, e.g. of proteins, in general C07K 1/00)
Patent Prosecution Process in India: The overall process of patent prosecution in India is a bit complicated due to multiple compliances and deadlines to follow by the patent applicants. Understanding why a research needs patent protection in a particular country, what all processes and drug products can be patented or how to build a strong portfolio of patents is very vital for success of any biotech ventures.
Prior art searches can have serious financial consequences as they can put into question a research programme or the commercialization of a new product or process. While one can adopt, in an initial phase, an amateurish approach, the complete analysis must be left to information specialists using professional tools.