The client is one of the leaders in biotech therapeutics worldwide with major IP and market shares worldwide. Headquartered in the US, the company engages with innovators in medicine, immunology and pharmaceuticals etc. globally and is functional in engineering therapeutics for a range of medical conditions
The client required a detailed study and timely monitoring of patent portfolios of their competitors to determine areas of opportunities and competition. The client was further interested in identifying lifespan of the competitors’ portfolio for specific technologies to design around in furtherance to their R&D strategy. Overall, the client wanted technical and legal monitoring regarding the portfolios of their interest to advance their business strategy
Search Objective:
To identify any patent references that affect the clearance of the Client’s product/technology in various jurisdictions. Further, to determine legal updates in the portfolios of relevant patents.
Searching Included:
Preparing search strategy using various Term Sets and Classes to capture patents filed in last 20 years. Identifying major players in the domain and formulating searches to capture most relevant patents assigned to these players. Further updating searches to add relevant information determined during preliminary searches
Analysis:
Impact:
According to the search and analysis shared by Sagacious, the client was able to assess the competitors’ most recent technology, legal status and lifespan of the patent pool for deciding course of action for their business strategy. The client was able to identify possibilities of collaboration with few of the competitors and extend their business segment in diagnostics.
Project Duration:
Time for quarterly technical updates: 24-28 hours/update – involving 1 analyst and 1 project manager.
Time for monthly legal monitoring: 4 hours/update– involving 1 paralegal support and 1 project manager
A US based Multinational in the field of FMCG
The client was in the process of releasing a product in the market, which could face tough hinderance from a competitor’s patent portfolio. The client was interested to “watch” the legal events related to the portfolio, so that they could launch their product without any possible infringement.
Analysis:
The client was able to receive timely update, to be able to introduce their product in Canada, with minimal refinement in their product specifications.