Patents are often only thought of as defensive rights that are used to hamper others’ activities and prevent the patent holder’s invention from being stolen. Whilst a valid granted patent does indeed provide the holder with a time-limited monopoly over the exploitation of their invention (providing they have freedom to operate) this is only one of the many benefits that a patent can provide the patent owner.
A start-up life science company who has no appetite or budget for litigation may think patents are not for them but this couldn’t be farther from the truth. Indeed . . .
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