Facebook’s rebranding to ‘Meta’ last year brought renewed attention to the metaverse, driving innovation in both hardware and software technology spaces. The introduction of Meta may be relatively recent but the development and patenting of metaverse technologies has been ongoing for decades. More…
With the increasing need for fully global citation analysis for international organisations, the volume and complexity of patent citations makes it a difficult area to efficiently navigate. However, with the right tools it is also an exceptionally valuable one. PatBase and Analytics V3 support innovators and legal professionals across all industries gain competitive and business intelligence by performing accurate patent citations analysis. More…
A stream of recent licensing deals between big pharma companies and AI-driven drug development innovators reflects an evolution that has been picking up pace in recent years. Pharmaceutical companies are integrating, more and more, artificial intelligence and other data-based technologies into their business models. This trend suggests pharma innovators are leaning increasingly heavily on AI technology owners. The increase in cash flow into the healthcare AI sector could lead to several IP strategy implications for life sciences organisations, pointed out in IAM Media’s article. More…
In July this year, the UK Government laid out its new Innovation Strategy. In the Innovation Strategy: Leading the future by creating builds on the Plan for Growth, the Government opens up a conversation with businesses on how to make the UK a global hub for innovation by 2035. Although there are some important initiatives that will have a positive impact on R&D, there are also some issues that need to be addressed. Most importantly, the lack of education around the necessity to protect intellectual property via patents.
In a recent article in ‘The Patent Magazine,’ Alessio Iannicelli discusses the agreement Apple Inc is about to sign with LG to produce the first 100% electric Apple Car. Although no date has been set for production to begin, sources claim that Apple plans to unveil the car before the end of 2022 and put it on the market by 2025. More…
Most companies that we speak to are still relying on static spreadsheets to manage their patent data and apply internal insights. This might be done by exporting a result set from whichever patent database the company uses, adding their own notes against publication numbers and then filing away this document. Once you start sharing this Excel file around, it can get messy fast. There’s a lot of room for error and no way to track who has added what. With limited searching capabilities in Excel, once the data has been exported it can be hard to manage and capture intelligence. More…
Moira Sivills, Project Manager & Customer Success Executive, shares her top tips for PatBase users!
Searching classifications
It is faster and easier to search for relevant patent classifications using the Classification Finder tool, now supporting truncation and proximity operators. In the Search tab of the floating tool bar, select Classification Finder. Enter keywords to identify relevant classes to search in so you can find records of interest. Introducing truncation increases classification recall and using proximity can refine your classification search to relevant classes. These codes can be individually selected using the corresponding checkboxes and can be combined with any search query in your Search History.
Managing a patent portfolio strategically can significantly boost bottom line profits. In this blog post, we list 3 creative ways to use patents for profit. Patents can be easily overlooked to generate profit once they have been secured because they are intangible assets. However, the commercialisation of a patent portfolio can generate cash flow directly to the bottom line through licensing, sale, or trade.
Minesoft offers several types of Alerting Services to track crucial patent information. These include PatBase Alerts, PAIR Alerts, Legal StatusTracker Alerts and CiteTracker Alerts. Here you will find a description of each option and how they can benefit you. This year, you can save your team hours of manual clicking and bypass repetitive checking assignments by setting up alerts early. More…
