Creating Nanotechnology Intellectual Property Assets: Driving Revenue and Deal Flow through an Intelligent Intellectual Property Strategy
Volume 3, Issue 1
John M. Garvey, Foley & Lardner, LLP
Andrew S. Baluch, Nanotechnology Law & Business
Many nanotechnology startups realize that patents form the backbone of their company and help to attract investors and funding for continued research and development. What may not be as well understood, however, is the power and versatility that a solid intellectual property (IP) portfolio can provide the startup company. In this article, John Garvey and Andrew Baluch explain the process of creating a strong IP portfolio and the role that such an asset plays in helping a company to realize its ultimate business objectives. The authors discuss the importance of pre-negotiation due diligence investigations and nondisclosure agreements, and provide an overview of three types of common transactionslicensing, collaborative research and development efforts and acquisitions. They outline the various factors a nanotechnology startup should consider in selecting among these transactions in order to realize the maximum value of their IP.
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