| Mitigating risks in new business development |
| SciTech Patent Art’s in-depth analysis circumvents a client from getting involved in a potential infringement suit. |
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| Client: A corporate research and technology development center committed to developing full range of innovative healthcare products. |
Business Context: The client had set up a plant to commercially exploit a particular technology. However, just before commissioning the production, the client
wanted to ensure that they would not be infringing any patented technology. At this point, the client approached SciTech Patent Art (SPA) for a patent search. As a
brief-up before the iterations, the client communicated their requirements. |
SPA Approach: SPA conducted a quick search in multiple databases and retrieved information before discussions were initiated.
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| Turnaround Time: The project was completed within one hour. |
Results: There was a blocking patent and hence, the client had to stall the thought of commercializing the technology of interest. The loss was minimized to the
installation of the plant and prevented potential infringement suits which could incur huge losses and defamation. |
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