IP week 1

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56 Terms

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What is Intellectual Property (IP)

creations of the mind that can have commercial value

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Why is IP important

  • prevents competitors from copying protected inventions

  • helps companies recover R&D costs

  • allows companies to earn money through licensing or selling IP

  • attract investors


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Patent

Protects a new product, process, compound or use

EG. new drug compound

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Design

protects appearance of the product

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Copyright

Protects the way information or creative work is expressed

Not general facts or ideas

EG. the written product information leaflet

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Trade mark

Protects brand, commercial source of goods or services

EG. brand name

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Plant Breeder’s Rights (PBR)

Protects eligible new plant varieties

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Circuit layout rights

Protects original layouts of integrated circuits

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Trade secret

Protects valuable confidential information

while remain it as a secret it is protected

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Registered rights

  • needs to apply and register

  • EG. patents, registered designs, registered trade marks and PBRs

  • usually need formal examination or other legal requirments


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Automatic rights

  • generally arise through creation

  • use or keeping information confidential

  • EG. copyrights, confidential information and trade secrets

  • do not generally require formal registration


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Can one product hace multiple layers or IP protection?

Yes

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Trade Secret

  • valuable information kept secret

  • losing secrecy can destroy its value

  • EG. Coca-cola recipe


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Confidential information

  • broader category of private or restricted business information

  • can include even not commercially valuable enough information

  • EG. internal meeting notes, experimental data, clinical trial results


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Trade Secret vs CI similar in

both protected through confidential agreement and laws against breach of confidence

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Pros of trade secret

  • usually cheaper than patents

  • can last indefinitely while secrecy is maintained

  • useful when a process is difficult to reverse-engineer


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Cons of Trade Secrets

  • Protection can be lost if information becomes public

  • competitors may independently discover the same information

  • difficult to maintain secrecy over time


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Registered trade marks last for how many years in general?

10 and can be renewed indefinitely

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Patent

a legal right that allows its owner to exclude others from exploiting a claimed invention for a limited time

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Patent duration

20 yrs from filing date

Invention + limited monopoly + public disclosure

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4 main patent requirements

  1. subject matter

  2. novelty

  3. inventive

  4. utility


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Subject matter

  • is the invention eligible for patent protection

  • generally needs to involve a technical invention


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Novelty

  • must be new

  • not already been disclosed in relevant prior art


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Inventive step

  • invention must not be an obvious solution to a person skilled in that technical field


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Utility

  • useful

  • must have specfic, substantial and credible use

  • appropriate to the applicable legal requirements


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What may be patentable?

  • New compounds and products.

  • New formulations and combinations.

  • New manufacturing methods.

  • Some new uses of known substances.

  • Certain devices and technical improvements


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Patent rules in different countries

is different

  • one thing is patentable in one country but may not be in others


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Disclosure requirement is needed as an exchange of

Patent protection

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What should be done before filing a patent

  • do not publicly disclose your invention before filing

  • use strict confidentiality

  • seek patent advice early


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Patentability search is to

  • Looks for existing disclosures of similar inventions.

  • Assesses whether your invention may be new and inventive.

  • Helps identify relevant prior art.

  • Supports decisions about your own IP.


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Freedom to Operate (FTO) search

  • Looks for relevant third-party patent rights.

  • Focuses on the countries where you plan to manufacture, use or sell.

  • Assesses whether your proposed activities may infringe enforceable patent claims.

  • Helps identify risks before commercialisation.


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FDA orange book

US drug products and associated patent/exclusivity information.

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FDA purple book

US licensed biological products and related information.

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WIPO Patentscope

International patent applications and patent information

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ATMOSS

Australian trade mark search system

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Can a company own a patent but still lack FTO

Yes, another’s party’s patent may cover the proposed produce and activity

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Inventor

  • contributes to creating the invention

  • determined by contribution to the inventive concept

  • can be different from the owner


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Owner

  • holds the legal rights to the invention or patent

  • determined by legal entitlement, employment agreements or assignment

  • may be a company, university or individual


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Joint inventorship

when multiple people contribute to an invention

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Each joint inventor must

  • make a real, non-insignificant contribution to the conception of the invention

  • contribute to the invention that is actually claimed

  • have the required collaboration or communication with the other inventors, depending on the applicable legal test


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Who owns an invention

  • employees: was employed specifically to invent or design things

  • uni researchers and students: specifically to conduct research may have their inventions owned by the university, depending on their employment terms and agreements


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Assignment of patent rights

  • a legal transfer of IP ownership from one party to another

  • buyer/assignee becomes the owner

  • may involve payment


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Licence

  • grants permission to use the IP

  • original owner generally retains ownership

  • may involve royalties or other payments


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What counts as public disclosure

  • Published journal articles.

  • Conference abstracts and posters.

  • Research presentations and seminars.

  • Websites, social media posts and videos.

  • Preprint servers and publicly accessible research repositories.

  • Public demonstrations or disclosures of an invention.


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Why is public disclosure dangerous?

Public information may be used as prior art when assessing whether an invention is novel or inventive.

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How can researchers protect their inventions?

  • File a patent application before publishing.

  • Keep inventive details confidential until filing.

  • Use a confidentiality agreement or non-disclosure agreement (NDA) when appropriate.

  • Check whether a planned presentation or publication reveals the invention.

  • Seek advice from a patent attorney early.


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obligation of confidence

a person is required not to disclose or misuse confidential information.

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General IP registration Process

  1. Market research and business plan

  2. file the application

  3. publication

  4. examination

  5. acceptance and grant


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Priority application

the 1st filing that can provide an early priority date for adequately disclosed subject matter

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Standard/complete application

contain the full specification and claims for examination and possible grant


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PCT application

an international filing route

able to simplifies and delays the decision about which countries to pursue

Usually claims priority from an earlier application filed within the applicable 12-month period.

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How to read a patent specification

Read description = explains the invention

& Claims = defines the legal protection

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Patent infringement

Unauthorised activity covered by a granted patent claim.

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Examination

Patent office assess the application

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Prosecution

Responding to objections and progressing the application

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Research exemption

certain experimental activities may be exempt