Breakthrough Issue 2 SPA02 | Page 33

£220bn The total Gross Value Added (GVA) of the UK bioeconomy, according to the BBSRC Contributions invited E x c l usi v it y is a k e y p a rt i n se c uri n g f u n d i n g to pro g ress y our te c h n o l o g y to block similar products, as well as direct copies. • Extending the patent protection sought – or keeping options open to do so – across a geographical range that fits with the need, and with a profitable business model in the future. Patents are territorial and provide rights in a specific geographical area (which can often be just one country), so it is important to consider the geographical prevalence of a particular disease, the willingness of healthcare systems to pay for the healthcare product being developed, and where potential generic competitors have nearby manufacturing plants. • Aligning a patenting strategy and patent prosecution with R&D results and the business plan. The former can cause modifications to the intended ultimate commercial product, while the latter can migrate under the influence of a range of factors. Additionally, IP teams should be able to spot when the drug development programme has produced a refinement or incremental step which is itself a patentable invention, as this could create a new layer of patent protection to strengthen a patent portfolio. • Ensuring that ownership and chain of title are clear, since a business cannot use a tool they do not own or have suitable rights in. • Being mindful of variations between different jurisdictions for what can be patentable, and building in means to tailor the approach to claim structure for different countries or regions accordingly. Editorial contributions are now invited for the Winter issue, published in November 2017. Our Winter issue will focus on Smart Cities vs Urban Parks, and clean energy. Contributions from UKSPA members and tenants on growth stories and best practice case studies are also welcomed. These factors can all have an impact on your patent portfolio, and therefore affect the strength and extent of exclusivity for your innovation. Exclusivity is a key part in securing funding to progress your technology. ■ Copy deadline: Thursday 6 September 2017. Email your synopses to the editor: [email protected] To consider these in detail, please contact Isobel via email at [email protected] or visit haseltinelake.com Journal and directory advertising In addition to advertising space in Breakthrough, we also have space available in the 2018 UKSPA Directory. Please contact David Parker to find out how these advertising opportunities can best serve your business objectives. Tel: 01225 687267 [email protected]