How critical is intellectual property
to a biotech startup?
Targets - are they worthwhile patenting,
and, if so, when?
Can we claim any drug that hits a
certain enzyme's active site?
Should we file as early as possible, or wait
for more data?
Should we include every possible
functional group on a given basic structure?
Provisional patent applications - are they worthwhile? What is the best way to use them?
How can we have
our patent issue as soon as possible?
Should we file overseas,
and if so, where?
How can we maximize
coverage while holding costs down?
What is the best way
to work with our scientific advisory board?
Questions such as these arise in every biotech startup, but objective answers are often difficult to come
by.
Intellectual
property – the value driver for startups
For
most biotech startups their product – and typically their only asset – is their IP, or intellectual property.
Because the scope and strength of their patent portfolio will determine their ability to attract investors and strategic partners
– and ultimately to succeed – the fate of biotech startups depends critically upon their intellectual property.
Patenting
Strategy, LLC, a consultancy based in Carlsbad, CA, provides the consulting services of Stephen R. Cooper, Ph.D., an
experienced registered patent agent and researcher (former faculty member in chemistry at Harvard and Oxford, with extensive
pharma and biotech startup experience) to help with these and the other patent strategy questions that vex biotech managers
and investors. We work with startups to generate and protect rock-solid, broad IP, thereby building value in the company - all
in a financially-flexible and cost-effective fashion.