Intellectual Property Management and Business Planning for Early-stage, Start-up and Pre-start-up Bi

Time 2020-09-19 07:02:45

Web Name: Intellectual Property Management and Business Planning for Early-stage, Start-up and Pre-start-up Bi

WebSite: http://www.synapses.co.uk

ID:51868

Keywords:

Planning,Business,Early,

Description:

Biotech companies can maximise profits through effective IP management that is aligned with their market(s) and that fits their strategy. The most profitable market, the United States, should get top priority. But competitive advantage will soon be copied by competitors unless protected by the USPTO or maintained as a trade secret.If your company is an Innovation DrivenEnterprise (IDE), ie a tech company , IP defines your business, determines your market and isthe foundation of your competitive advantage. It is also deeplyinvolved in developing your business model(s), planning your entryinto another country, generating new products and lines, andestimating future revenues. A clear understanding of the relevant IPis required for most decisions about licensing (licencing), manufacturing, imports/exports,collaborations and alliances. These reasons and more are why IPmanagement should be strategic.Intellectual Property (IP) management is usually an afterthought in Small or Medium Enterprises (SMEs).Reactive instead of proactive. Wishful instead of watchful. IP is usually poorly managed and rarely strategic, so it is not surprisingthat it can waste money, miss opportunities and risk IP.protecting IP through trade secrets and patents prosecuted through the USPTOproviding Freedom to Operate (FtO), by working around US patents and in-licensing the othersmarketing and selling biotech products and services in the USpreparing and refreshing business plans for start ups and SMEs in the UKpreparing applications, directing prosecution and managing patentslaunching biotech start-ups and applying for grants in the UKSynapses has the knowledge, experience and connections to help you arrive, survive and thrive in the United States.

TAGS:Planning Business Early 

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Intellectual Property Management and Business Planning for Companies in the United Kingdom (UK) focused on Biotechnology (Life Science) in the United States (US)

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