Third party rights analyses
When developing a product or a process it is important to realize that the sheer fact that you own a patent on your product or process does not give you the right to market it. A patent only gives you the right to forbid others to sell your patented product or use your patented process . It is possible that your competitors or other “third parties” own patents that also cover aspects of your patented product or process, which give them the right to forbid you to sell your product. For example, you may have a patent on an improvement of a product or process, which product or process itself is patented by a competitor. In that case you may not sell the improved product without your competitor’s approval, e.g. in the form of a royalty based license. It is therefore important to know which patents or patent applications cover your product or process in order to react early to such cases.
IZI Patents can perform thorough searches in patent databases in order to retrieve patents and/or patent applications that may be relevant for the development of your product or process. The patent attorneys of IZI Patents can then advise you on the relevance of these patents and/or patent applications for your business and how to prevent, circumvent or deal with possible future actions of your competitors.