Patent Overview
The creative work of a human intellect can be protected through several means, and such protection is crucial and appropriate for encouraging Growth and Innovation in an Industry. Several forms of protection can be sought for an Innovation for the purpose of industrial development. Patent protection is one of the most promising protections among other forms.
Excelon IP delivers exceptional Patent Services in India with the best Patent Attorneys having subject-matter expertise in various industries and practice domains. Generally, patent protection grants the Inventor various exclusive rights in the subject-matter in order to protect the technology from being copied and to help commercialize it.
Exclusive Patent Rights
Exclusive rights mean that nobody else can Manufacture, Use, Sell, or Import the exact or similar invention without the authorization of the patent holder. These rights are available for a duration of 20 years from the filing date.
Patent Search Services
Conducting a thorough Prior Art Search is an important step before filing any new patent application. Any corporation or company requires proper due diligence before making an investment or entering into a new venture. Similarly, a Patent Owner or an Inventor equally requires proper due diligence before filing a patent application. Conducting a Prior Art Search and accessing various patent information is the first important step in the process of due diligence.
The searches are conducted within various national and international patent databases as well as available non-patent literature. Conducting a Prior Art Search also evaluates the probability of a patent grant to an invention to a certain extent.
It is highly sensible to conduct a Patentability Search at the early stage where the inventor has developed an invention and is thinking of applying for the patent. A patentability search reveals the documents necessary to determine the ingredients of originality and novelty of the particular invention, as well as the criteria of the inventive step required for the invention to be patented. This type of search covers all the technical fields which may contain materials significant to the invention.
Patent Drafting Services
Innovation is the soul in a company’s lifecycle of growth. Inventions are significant assets that must be discovered and protected, and their ultimate value must be realized. Experts at Excelon IP provide affordable patent services to inventors and companies.
While drafting a patent application, the team of Excelon IP performs standard checks and scrutinizes all the characteristics of an invention at a very minute level in the best possible way. We appreciate and incorporate inputs from the client's end, and our drafting team stays close to the client throughout the specification design process to conform to US, EP, and Indian patent office requirements.
Patent Filing & Registration Services
Once the techno-legal documents are complete with claims and specifications, the application is ready for filing. The application may be filed in single or multiple patent offices, where every application is required to be filed in accordance with specific regional office requirements.
A custom-made filing strategy is prepared if the inventor wants to file the patent in multiple countries. On that basis, the patent application can be filed through two major routes:
International Filing Routes
1. Patent Cooperation Treaty (PCT): An international treaty that came into existence in 1970, managed by the World Intellectual Property Organization (WIPO) with headquarters in Geneva. It facilitates patent filing in its member states (156 contracting states as of November 2022) through a single application, giving the inventor up to 30/31 months to enter national phases.
2. Paris Convention Route: Direct filings into individual convention countries within 12 months of the priority date.
Patent Prosecution Services
Once the application is filed, it is prosecuted in all the countries where it has been registered. An examination is conducted for such filed applications by the respective patent offices.
Our prosecution services include handling First Examination Reports (FER), preparing responses to objections raised by patent examiners, amending claims without diluting the invention core, and representing clients in oral hearings before the Patent Controller.
Patent Opposition Services
According to Indian patent laws, any third party is allowed to raise objections and file oppositions with regard to patent applications as well as granted patents. The Indian patent law offers two kinds of patent opposition:
Types of Patent Opposition in India
Pre-Grant Opposition: Filed by any person prior to the grant of a patent, once the application is published. It serves as a preventive measure against invalid patents.
Post-Grant Opposition: Filed by any interested person within one year from the date of publication of the grant of a patent. It is conducted before an Opposition Board.
A patent can be challenged on many grounds (such as prior publication, prior claim, obviousness, insufficient description, or non-patentable subject matter) in accordance with the Patent Amendment Act, 2005. Excelon IP assists clients in filing oppositions as well as defending their patent applications from third-party objections.
Patent Licensing & Valuation Services
Understanding the worth of a patent is highly significant to an organization, and looking out for strategies to monetize the patent is another big challenge. It is important to monetize intellectual property rights with appropriate strategies at the right time.
Before preparing a licensing strategy, it is required to perform an in-depth analysis of the industry as well as understand the strength and claims of the patent file. Accordingly, we at Excelon IP help our clients with best-in-class licensing strategies, technology transfer agreements, and contract drafting.
Quantifying the value of a patent is important for negotiating deals for sale as well as for licensing. Also, such valuation of the patents can be offered as security for loans from banks, and it attracts the attention of potential financiers or investors during venture rounds.
Patent Analytics Services
To see a clearer picture of the patent in the current environment, it is important to perform an analysis of patent information. This helps to understand market sentiments, forecast futuristic trends, and extract other unique competitive insights.
At Excelon IP, we help you understand the changing scenarios of technology as well as the industry to help you decide the future of your intellectual property assets, run landscape maps, and perform patent invalidation searches.