On Wednesday, the United States Patent and Trademark Office (USPTO) upheld a series of patents on gene editing technology by the Broad Institute of MIT and Harvard. The patents have been awarded for a DNA altering technique called CRISPR.
In this webinar, we were joined by our guest speaker Peter Rouse, director at Patent Annuity Costs Ltd.
Litigation can be very daunting but there are various ways in which firms can lessen the dangers by assessing and analyzing the risk of litigation within specific sectors and by watching out for patent trolls. The best way to do this would firstly be to be aware of litigation in the space and to recognise all competitors.
Regardless of whether you are an entrepreneur, inventor, or large organization, it is important to understand how you can avoid patent infringement. It is much smarter to spend money actively attempting to avoid infringement, rather than to find yourself in a very costly lawsuit further down the line. Even if you have been developing or manufacturing a product for years, it is never too late to take all the necessary steps to help avoid patent infringement.