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Patents are starting to play an increasingly significant role in today’s technology driven industry. An organization’s innovative strength is considered to be directly proportional to its patenting activities. In this Invention/Innovation/Intellectual Property driven age, along with the number of patents, an organization is also assessed based on the quality of its patents. Since acquiring a patent is generally an expensive affair, it becomes all the more essential to take a strategic approach towards obtaining patent protection.
The Patent team at BananaIP comprises professionals with expertise in their respective technical domains as well as exposure to patent law of various jurisdictions. The team has about 60 years of collective experience in the field of patents. With this team structure, an invention related to a specific domain is taken up by our patent attorney(s) having expertise in that particular domain, thereby ensuring a quality-based approach. Further, the team’s exposure to the patent laws of various jurisdictions enables us to recommend to clients internationally-accepted best practices, at various stages of a patent life-cycle, from patent research, patent drafting, patent filing, patent prosecution to patent grant and maintenance.
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Patent Services
We specializes in:
- PATENT AND LITERATURE SEARCH
A patent/literature search is performed for various purposes, from assessing patentability of an invention to analyzing risks in product launches and understanding the landscape of a particular technology. While perusing patent databases is fairly straight forward, culling out appropriate information from the sea of data available requires special research skills, technology insight, and a thorough understanding of the patent system. - PATENT DRAFTING
A patent specification encapsulates an invention, defining the scope of protection awarded to the invention through its claims. Claims play a critical role in defining the metes and bounds of an invention, with adequate support from the specification and the manner in which it is drafted. Strong technological background, keeping abreast with developments in patent law, experience in prosecution of patent applications and craftsmanship in making the disclosure, all play an essential role in determining the quality of the draft that is ultimately produced. - PATENT FILING
The Patent Filing stage marks the beginning of the patenting process for an invention. Filing for a patent is referred to by some as a constructive ‘reduction to practice’ for an invention. Though the process is largely procedural, it is an essential step requiring expertise, attention and speed. Also, the possible approaches available under the patent law, nationally and internationally, necessitates due analysis and strategy for filing. - PATENT PROSECUTION
The process of acquiring a patent is only half done after a good specification is drafted and the application is filed. Taking the patent specification to grant requires immense expertise, craftsmanship, and diligence. All actions during the patent prosecution phase, from drafting examination responses to dealing with examiners require special skill, experience in dealing with the patent office and an in-depth understanding of patent law and procedure. More often than not, despite the value of an invention, a patent grant or its scope depends on the experience and expertise of the patent attorney. - PATENT OPPOSITION
Patent opposition provides to the public and to interested parties, an opportunity to object to the grant of a patent. Owing to the nature of protection afforded by a patent, a patent grant in its field of operation may turn out to be a hurdle for a business, and sometimes even to the society on the whole. Successfully opposing a patent, not only requires a deep understanding of the law and procedures, it also demands comprehensive research, strategic approach, and skillful process management. - PATENT INVALIDATION/REVOCATION
More often than desired, inventions not worthy of a patent grant pass through the patenting process and pose threats to businesses as granted patents. These patents may be invalidated or revoked through a legal process at any time before the expiry of the patent term. Grounds for such revocation may be the existence of prior art, inequitable conduct and even false disclosure to the patent office. Despite the existence of valid grounds for invalidation, the task may be accomplished only through diligent research and documentation, careful drafting and lucid presentation of the case. - PATENT PORTFOLIO MANAGEMENT
Building and managing a strong patent portfolio play a very important role in the success of an IP savvy organization. From planning and developing a portfolio in-line with an organization’s business goals to managing and maintaining the portfolio, each step of the process plays a critical role for an organization’s patent success. Strategizing filing, managing timelines, diligent docketing, business analysis and auditing are some of the vital steps that enable an effective and efficient portfolio management. - PATENT MANAGEMENT
Managing, Evaluating and Valuing a patent, each play a vital role in enabling an organization gain business value from its patents. Beginning with patent portfolio management through to the commercialization of a patent, a well defined policy and process must be in place. Audits, at regular intervals, not only help companies excavate untapped inventions, but will also ensure patent process compliance. Based on an organization’s patent strategy, the quality of its patent portfolio and its financial value need to be consistently analyzed and strategized. - PATENT LITIGATION MANAGEMENT
Patent litigation can be a very costly and time consuming affair, unless strategically managed. Despite its pitfalls, through proper planning, litigation can be used as a valuable tool to gain business value. An efficient and effective business approach to patent litigation requires a thorough knowledge of not only the patent system but also the judicial system. The approach also requires keen understanding of a client’s business goals and modes of achieving them through litigation, strategic cost/time management and swift response to challenges.
Select Clients
Mahindra | Samsung | Toyota | Tritan | Sun Mobility | Mahindra Electric | Connexios Life Sciences
Aditya Birla | Muniyal Ayurveda | Godrej | Several SMEs | StartUps | Independent Inventors