Patent Portfolio Consolidations through IP Acquisitions & Licensing in News

Alignments are on in Pharmaceutical Industry, leveraging IP’s as tools of change. Patent Portfolio Consolidations are Happening all over.

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Off late, there are series of deals and announcements making news rounds, around IP Licensing and Acquisitions.

Two interesting things are emerging.

  • Companies are increasing their patent portfolio through series of acquisitions
  • Companies are consolidating by buying / acquiring patents to increase their presence

Sanofi could not get patent approvals. So, they adopted IP Acquisition strategy. Sanofi has targeted African markets to increase its patent portfolio and markets. It is dispensing its Cell Therapy unit – a non-core IP asset.

Aastrom is set to acquire Sanofi’s Cell Therapy and Regenerative Medicine (CTRM) business.

Novartis announced to Buy Glaxo Cancer Drugs and is selling its Animal Health portfolio. Obviously, Novartis is focused on increasing its patent portfolio in cancer cure.

GlaxoSmithKline Plc (GSK) is focused on consolidating in Vaccines space and Eli Lilly & Co. (LLY) on animal health portfolio. Lilly is increasing its market share and is becoming the second-largest animal-health company by sales.

Sovaldi from Gilead is great Innovation for Hepatitis cure. Gilead – is now provisioning IP Licensing to its Hepatitis C cure drug – Sovaldi – to multiple Indian firms, with tiered pricing and is targeting Asian and African markets. In US, this drug / treatment is very expensive and is raising eyebrows.

Pfizer, the World’s biggest drug maker, in 2012 spun off its animal-health unit.

Key Takeaway – Over $50 billion worth of investments are in play. All these strategic IP investments and alignments are geared at one thing – to improve the bottom-line and increase stakeholder value.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

PatFolio not only automates invention disclosure management but also managing patent portfolio and patent prosecution life cycle. In addition, PatFolio provisions various checklists useful for patent filing. Using these checklists IP Professionals can ensure requisite information needed for preparing patent application is available and ready for filing. These patent application checklists save money, time and reduce / eliminate errors in patent application filing with patent office.

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5 Things to Do to get your Provisional Patent Application Right!

5 Things to do to get your Provisional patent application Right!

More often Professionals within the organization or start-ups ponder whether they can submit a provisional patent application. And most are challenged to get New Patent Filing correctly and accurately. Another reason for IP Professionals or Start-up Executives is reduce the patent preparation & filing costs.

How do i get it right? Here are some of the to do items that enable to achieve it.

Provisional Application Checklist

  • Specify Inventor Details – First Name, Middle Name and Last/Family Name
  • Specify Address / Residence of each Inventor – Include city, zip, state, country information
  • Title of Invention (max 500 chars)
  • Correspondence Address – Address, City, State, Zip, Country, Telephone, Email. Based on who you are include (how you are identifying yourself) – Customer Number or Firm / Individual Name
  • Application Data Sheet (as applicable)
  • Drawings – No. of sheets
  • Specification (description of invention); No. of pages – Provide Background of the invention and Details / Summary of the invention
  • Others – specify

Based on your entity type – Large/Big, Small or Micro-entity pay the requisite filing fee.

Key Takeaway – If you are looking for a Do-It-Yourself type of scenario to prepare and file provisional patent application then this list serves as good framework for you.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

PatFolio not only automates invention disclosure management but also managing patent portfolio and patent prosecution life cycle. In addition, PatFolio provisions various checklists useful for patent filing. Using these checklists IP Professionals can ensure requisite information needed for preparing patent application is available and ready for filing. These patent application checklists save money, time and reduce / eliminate errors in patent application filing with patent office.

What Google gained from Motorola IP Acquisition

To the question of What is Google’s gain from Motorola IP Acquisition? – a simple answer is Strategic Market Positioning & gaining competitive advantage, in a cost effective way.

Google acquired Motorola IP assets for $12.5 billion US dollars.

At the time of acquisition, Google gained Motorola’s $3 billion in cash; Then Google sold Home division for $2.5 billion; There after sold the handset division to Lenovo for $3 billion. There are some tax assets as well. Summarizing the facts – Google actually spent 2.5 to 3.5 billion adds Don Harrison, VP Corporate Development in a interview with Fortune.
This is a master stroke. Not only this deal hugely enhanced Google’s patent assets but also providing it strategic position in mobile market space.

Key Takeaway – Google’s acquisition of Motorola’s Patent Assets was a brilliant move and great case study of how to acquire IP Assets at the right time, and recalibrate business strategy and align the IP assets to gain competitive advantage.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

PatFolio not only automates invention disclosure management but also managing patent portfolio and patent prosecution life cycle. In addition, PatFolio provisions various checklists useful for patent filing. Using these checklists IP Professionals can ensure requisite information needed for preparing patent application is available and ready for filing. These patent application checklists save money, time and reduce / eliminate errors in patent application filing with patent office.

Microsoft Reveals Game Changing Innovations for Xbox to Rule the Market

Microsoft is revealing it’s game changing plan for Xbox.

Microsoft announced that Universal Windows app that run on Windows PCs and Windows Phones will run on Xbox console as well. This is a strategic move – providing seamless experience across PCs, mobile devices and gamin consoles. If this strategy is well executed then Microsoft surely will capture a specific market segment supporting multiple platforms.

Another potential signal for future innovations to come is the potential of unification of PC gaming and console gaming.

Microsoft is also bringing Kinect V2 to Windows wherein gesture recognition and body tracking technologies are being incorporated. A icing on the cake is Microsoft’s DirectX 12 graphics technology will be compatible with multiple devices including Lumia devices, PC’s and higher end gaming xbox. That’s quite a lot!

The bottom-line is Microsoft’s innovative technologies are bound to give a short in the arm in its new endeavor of Mobile, PC and Gaming strategic combination.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

Microsoft Leverages Innovation and Licensing Strategies for Game Changing Play

Microsoft decided to offer it’s Windows Phone 8.1 free to the device makers. So, this translate to the fact that end users have the choice of adopting Smart phone with Windows operating system running on it.

Nokia is all set to running Windows Phone 8.1 on Lumia 930 Smart Phone. Nokia also unveiled two other low-cost Windows Phones – the Lumia 630 and Lumia 635 and are scheduled for sales beginning in May.

Microsoft is also provisioning the ability of running Windows Store application in future update of Windows 8.1. So, Windows Store Apps will run on desktop screen. This is a innovative offering and serves a good purpose. Time will tell how strong the adoption is going to be. Third-party utilities such as Stardock’s ModernMix and Start8
are offering these capabilities.

In the Tablet space – Windows tablets under 9 inches will get Windows 8 licenses for free.

All these strategies are aimed at one thing – win the customers (you).

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.