Sagacious IP Blogs

  Businesses often work hard to foster unique inventions, innovative designs and processes to develop revenue-generating products and services. These intangible assets are usually protected by Intellectual Property Rights, such as patents. However, simply protecting Intellectual Property (IP) is not enough to remain competitive. Businesses with a robust IP strategy also need to regularly track and monitor their competitors’ IP. This article discusses how organizations can use patent monitoring to track their competitors’ patent filing and innovate better. Table of Contents What is Patent Monitoring? Importance of Patent Monitoring How Patent Monitoring Can Help Businesses Track Their Landscape Final Thoughts What is Patent Monitoring? As the modern industrial environment is characterized by rapid pace of innovation, it wouldn’t be an exaggeration to say that new technologies are seeking recognition in the market at an  unprecedented rate . Under such a scenario, patent monitor...

  A patent has become a crucial intangible asset in today’s knowledge-based economy. While earlier, it was primarily used to protect innovations, its usage and application expanded in modern times such that licensing and assigning patents became standard practices. However, there is one underlying problem while looking for monetary gains from this – how does one identify the true value of a patent? This is where patent valuation comes to aid. It is an approach to calculate the real market value of patents so patent owners can generate suitable returns from its licensing or sale. On the surface, patent valuation does not seem challenging with the advent of modern financial tools. However, delving deep into it reveals the complexity of the task. Let us use an example to understand how complex patent valuation can be. A patent might keep other companies from directly competing with you. In such scenarios, measuring the effectiveness of a patent in deflecting competition is not possibl...

  Pharmaceutical trademarks are similar to conventional trademarks, with the exception that they are typically registered for reliable pharmaceutical goods and services, such as life-saving pharmaceutical drugs and healthcare products and services. Pharmaceutical trademarks are particularly important since they are directly linked to a matter of public health. This article is a comprehensive discussion on what you need to know about trademark in the pharmaceutical industry, their importance, why pharmaceutical trademarks are needed, and how to register a trademark in pharmaceutical industry. Table of Contents What is Pharmaceutical Trademark? Importance of Pharmaceutical Trademark Naming a New Pharmaceutical Drug Naming Process Check Similar-Sounding Pharmaceutical Trademark Regulatory Approval in Pharmaceutical Branding Foreign Direct Investment (FDI) in Indian Pharmaceutical Sector Advantages of Trademark in Pharmaceuticals How to Register a Trademark in the Pharmaceutical I...