Intellectual Property in the Life Sciences Industry: How to - - PowerPoint PPT Presentation

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Intellectual Property in the Life Sciences Industry: How to - - PowerPoint PPT Presentation

Aug 30, 2023 37 likes •247 views

CHOATE.COM Intellectual Property in the Life Sciences Industry: How to Identify and Manage Patent Risks Medmarc Webinar April 24, 2019 CHOATE HALL & STEWART LLP Overview Patent Primer What patents do (and dont) Risks

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CHOATE.COM

CHOATE HALL & STEWART LLP

Intellectual Property in the Life Sciences Industry: How to Identify and Manage Patent Risks

Medmarc Webinar April 24, 2019

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Overview

  • Patent Primer

– What patents do (and don’t)

  • Risks associated with Third Party patents

– Freedom to operate – Scenarios: competitors, partners, targets, and others

  • Risks in your patent portfolio

– Coverage of your product – Coverage of competitor product

  • Managing patent risk

– A few simple steps you can take right now

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Overview

  • Patent Primer
  • Risks associated with Third Party patents
  • Risks in your patent portfolio
  • Managing patent risk

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Patent Primer

  • What a patent does (and does not)

– Anatomy of a patent

  • Specification / Drawings
  • Claims

– A right to exclude, not a right to practice

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Patent Primer

  • What a patent does (and does not)

– Anatomy of a patent

  • Specification / Drawings
  • Claims

– A right to exclude, not a right to practice

  • Where it works

– US – International

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Patent Primer

  • What a patent does (and does not)

– Anatomy of a patent

  • Specification / Drawings
  • Claims

– A right to exclude, not a right to practice

  • Where it works

– US – International

  • Patent life cycle

– Obtaining a patent – Challenging a patent

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Patent Primer

  • Patent life cycle

– Obtaining a patent

  • Preparation
  • Filing and prosecution
  • Issuance and maintenance

– Challenging a patent

  • Post-grant proceedings before the USPTO
  • Challenges in District Court

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Patent Primer

  • Patents are assets

– Often, a company’s only assets – Can be bought/sold or licensed

  • Patents are business tools

– Can be used in a variety of transactions – Can be used for offense or defense (or both)

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Overview

  • Patent Primer
  • Risks associated with Third Party patents
  • Risks in your patent portfolio
  • Managing Patent Risk

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

3rd Party Patents

  • Right to exclude – Freedom to operate
  • Scenarios:

– Competitors – Targets – Partners (e.g., co-developers, customers, CROs / universities)

  • Issues with ownership

– Other third parties

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

3rd Party Patents

Patents held by competitors

  • Different competitors may pursue different strategies

– May depend on product / business plan / budget

  • Aware of potentially problematic patents?

– Design around – License – Challenge (PGR / IPR)

  • Pending applications – changing claim scope

– Risk level may change throughout prosecution

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

3rd Party Patents

Patents held by targets

  • Acquisition of an existing portfolio
  • Diligence is key

– Adequate patent coverage of target technology? – Fit with your patent strategy?

  • Freedom to Operate

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

3rd Party Patents

Patents held by partners

  • CROs / CMOs

– Proper conveyance of ownership of IP critical – Most common: Assignment

  • Universities / Medical Centers

– Different types of relationships: License, Co-development, – Conveyance of existing and/or future IP – Most common: License

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

3rd Party Patents

Patents held by NPEs

  • Special case

– Cost of litigation vs. settling

  • If you receive a letter from a suspected NPE, call counsel

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Overview

  • Patent Primer
  • Risks associated with Third Party patents
  • Risks in your patent portfolio
  • Managing Patent Risk

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Risks in your patent portfolio

  • Coverage of your product

– Current claim scope – Match with business objectives? – Issued v. pending claims – Mistakes can be costly and tough to fix

  • Inventorship
  • Assignment / ownership issues

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Risks in your patent portfolio

  • Coverage of (potential) competitor product

– Overall strategy? – Monitoring of competitor activities – Current claim scope – Issued v. pending claims

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Overview

  • Patent Primer
  • Risks associated with Third Party patents
  • Risks in your patent portfolio
  • Managing Patent Risk

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Managing Patent Risk

  • Develop and implement patent strategy

– Internal communication is key (R&D / BD / Legal) – Review and monitor regularly

  • Role of IP counsel

– IP counsel not just for patent prosecution – Communication is key – Regular check-ins – involve R&D / BD

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Managing Patent Risk

  • Competitor / other 3rd party letter

– Do not ignore! – Do not respond – Call counsel

  • Insurance

– Defense Insurance

  • Defend against charge of infringement of 3rd party IP

– Abatement Insurance

  • Enforce your IP rights

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Choate Hall & Stewart LLP | Two International Place, Boston, MA 02110 T T 617-248-5000 F 617-248-4000 | choate.com

Questions?

Alexander D. Augst Choate, Hall & Stewart LLP 617.248.5120 aaugst@choate.com

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