The client is a prominent leader in Medical Devices, headquartered in Europe. Their products contribute to the healthcare industry globally.
The client wanted improvisation in a few of their existing products and seeking new technology to address specific challenges during implementation. They were interested to monitor patents, scientific publications and the latest news relevant to their technology of interest. The client also wanted to study products present in the market and in pipeline. They wanted a comprehensive State of Art analysis of the complete technical updates occurring in their area of interest, including detailed analysis.
Search Objective:
To identify any patent, non-patent and product references related to specific technology of interest.
Searches:
Performing preliminary research to gain an overview of the technology landscape and understanding of the domain. This involves preparing search strategy using various Term Sets and Classes to capture patents, articles, products and news. This included determining citations, and major players in the domain (from both patent and secondary market searches). 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 determine technology upgrades in upcoming products by some emerging players in the domain; and further requested Sagacious to refine the search scope to those specific technical upgrades. They were further able to determine implementation of specific improvements in their technology and collaborate with inventors working on that.
Project Duration:
Time for quarterly technical updates: 30-34 hours/update – involving 1 analyst and 1 project manager
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 the 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
Technical monitoring involves keeping a regular watch on new patent/non-patent literature published in a particular technical area.
Technical monitoring is conducted to stay updated about new inventions filed in the domain, new products launched in the domain, and also see how the trends in the industry moving. Besides, such monitoring can also be done to keep a watch on competitors’ activity and to know about the new entrants in the domain.
Technical monitoring generally costs approx. $1300-$1500 for monitoring a domain annually.
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