Google Launches Patent Marketplace

Search giant Google has invited patent holders, both companies and individuals, to sell their patents to the company as a part of its Patent Purchase Promotion program, an experiment designed to streamline the process of selling patents, particularly for smaller participants. Google is quite active in the patents market and offers its own Google Patent Search tool.

The company said in a blog post that the patent marketplace will allow patent owners to pitch their individual patents to Google along with the price at which they are willing to sell them. Patent holders will be able to make their submission online from May 8, 2015 through May 22, 2015, after which, Google will review the patents and inform submitters whether it is interested in the patents by June 22. If Google decides to purchase the patents, the sellers will be paid towards the end of August, 2015 via direct ACH bank transfer.

According the Patent Purchase Promotion FAQ page, patent owners or anyone with the permission from the patent owner to sell the patents, can apply for the program. The catch is that patent owners will not be able to submit entire families of patents but individual patents only. However, patent owners can make as many individual submissions as they want to. Google said that the reason for this is that they want to keep the process as simple as possible. Also, only US patents qualify for this program.

Once Google decides to purchase a particular patent, the patent owners will not be allowed to change the price provided for the patent at the time of submission. Also, patent owners will not be able to offer the shortlisted patent to other buyers after Google initiates the purchase process. The company mentioned that sellers will be retain a license back to their patents if they want to continue to practice the invention covered by the patent.

However, Google stated that as this is an experiment, it does not know the kind of response it would get in terms of submissions; therefore, large submissions could push back the deadlines mentioned by the company. Google also strongly advised patent sellers to consult with a lawyer before initiating the process.

Visit here for additional information.

What do you think of the Google Patent Purchase Program? Will you be offering your patent to Google for sale? Tell us in the comments below!

Patent Searches from Landon IP

This post was contributed by Abhishek Tiwari. The Intellogist blog and Intellogist are provided for free by Landon IP, which is a CPA Global company. Landon IP is a major provider of professional services meeting the needs of the IP community, including patent searches; analytics and technology consulting; patent, legal, and technical translations; and information research and retrieval.

USPTO Awards 2015 Patents For Humanity Winners

In a ceremony held at the White House,  the United States Patent and Trademark Office (USPTO)  awarded the winners of its Patents For Humanity program for using game-changing technology to help people in less developed parts of the world. The Patents for Humanity program was launched by the USPTO in February 2012 as part of an Obama administration initiative promoting innovations that strive to solve long-standing development challenges.

The 2015 Patents for Humanity awards ceremony recognized seven recipients in five categories, which included Medicine, Sanitation, Energy, Nutrition and Living Standards. The USPTO also made three honorable mentions, entries that did not win but made significant contributions to the betterment of humanity. The winners and honorable mentions were selected from the 2014 application period. Read more about the winners after the break!

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Chemical Structure Searching Now Available on Wikipedia

This is a guest post contributed by Shankar Manyem, a Patent Analyst in Landon IP’s Patent Search Group’s Chemistry Team.

 

Wikipedia is a very useful resource for searching information on chemicals, with the platform hosting more than 15,000 of them. However, until now, it was only possible to search Wikipedia using text terms such as chemical names (and fragment names), trade names, CAS Registry numbers, and to a limited extent, SMILES text.  Now, a structure search engine, Wikipedia Chemical Structure Explorer, is available that allows structure searching of Wikipedia chemical entries. The Wikipedia Chemical Structure Explorer was produced by joint collaboration by researchers from Novartis, École polytechnique fédérale de Lausanne (EPFL), and Actelion Pharmaceuticals.

The website allows for searching chemicals through either exact, similarity, or sub-structure options. Upon accessing the website, four modules are presented:

  1. Module which allows for a structure to be drawn through the JSME Molecular Editor.
  2. Basic information module that provides options to view the result in Wikipedia and to search other similar molecules.
  3. List module that provides a list of results based on the structure search.
  4. Synopsis module that provides the Wikipedia entry for the top hit structure.

Currently, there are about 13263 structure searchable entries, which are typically updated nightly (e.g., on 4/10/15, there were only 13250 structure searchable entries).

Wikipedia Chemical Structure Search User Interface.

Wikipedia Chemical Structure Search User Interface.

 

Wikipedia Chemical Structure Explorer Advantages:

  • The results are presented on the fly as the structure is drawn, providing for structure query modification depending on the number of results.
  • It is possible to combine structure searching with keyword search, although the keyword has to be part of the title of the article in Wikipedia – this allows for identifying, e.g., all amines that contain a benzene ring by drawing a benzene ring and using “amin” as text filter.
  • The results are limited to common chemicals, e.g., active pharmaceutical ingredients, pesticides, etc., for which a reference would typically be provided in the Wikipedia page.

 

Wikipedia Chemical Structure Explorer Limitations:

  • The data set is, of course, limited to chemicals in Wikipedia, i.e., popular chemicals – even here, not all chemicals in Wikipedia are structure searchable since many entries just have text entries and are missing structural entries in a form recognizable by the search script.
  • Keywords other than those in the title of the article are not searchable and cannot be used as text limitations, e.g., property data such as molecular weight or formula cannot be used to limit a search.
  • The results are limited to and are linked to the English pages of Wikipedia – the chemicals in the French or German versions will possibly be included in future versions.

 

Further description of the Wikipedia chemical structure explorer can be found in an article published in Journal of Cheminformatics.

Patent Searches from Landon IP

This post was contributed by Abhishek Tiwari. The Intellogist blog and Intellogist are provided for free by Landon IP, which is a CPA Global company. Landon IP is a major provider of professional services meeting the needs of the IP community, including patent searches; analytics and technology consulting; patent, legal, and technical translations; and information research and retrieval.

Japan Patent Office Releases J-Plat Pat

The Japan Platform for Patents (J-Plat Pat) is a new patent searching platform launched by the Japan Patent Office (JPO) that is designed to offer patent information including Japanese utility models, design and trademark data to aid in intellectual property strategy building. The platform is a successor to the Industrial Property Digital Library (IPDL) service which has now been discontinued by the JPO. The service comes in both English and Japanese language versions. Read on for an in-depth look at J-Plat Pat.

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Landon IP’s Kartar Arora To Speak At The PIUG 2015 Annual Conference In May

Landon IP expert Kartar Arora, who is the Technical Lead for the Patent Search Group’s Chemistry team, will be speaking at the Patent Information Users Group’s (PIUG) 2015 annual conference  on the topic of “Valuation of IP from Cradle to Grave – Guidelines for Patent Search Professionals”. His presentation will cover guidelines that can be followed by patent search professionals to better understand the goals of IP management and focus their efforts in meeting these goals. This presentation will also discuss ideas for a comprehensive system for valuation of IP that can be applied from ideation to various events during the lifetime of a patent.

The PIUG conference will be taking place from Saturday, May 2 through Thursday, May 7, 2015 at the Westin Lombard Yorktown Center in Lombard, Illinois.  Mr. Arora’s presentation will take place on May 5 from 2:35pm – 3:05pm.

Mr. Arora holds a Ph.D. in Polymer Science and Chemistry from the University of Michigan and is a Registered Patent Agent.  In addition to his patent searching experience, he has experience with patent prosecution, drafting of patent applications, monitoring and coordination of patenting activities, and patent management systems.

Landon IP Reference Desk Librarian Joelle Mornini will also be attending this event.  For those of you who can’t be there, Ms. Mornini will be live-tweeting her impressions and reactions to key presentations and announcements throughout the conference on the Intellogist Twitter feed.

Patent Searches from Landon IP

This post was contributed by Abhishek Tiwari. The Intellogist blog and Intellogist are provided for free by Landon IP, which is a CPA Global company. Landon IP is a major provider of professional services meeting the needs of the IP community, including patent searches; analytics and technology consulting; patent, legal, and technical translations; and information research and retrieval.

Landon IP and CPA Global Experts Author IP Licensing Blog Post for Managing IP

IP industry news platform Managing IP has published a new Guest Blog post, titled The Five Principles of IP Licensing, which has been co-authored by Samuel Davis, the director of business development, analytics and technology consulting services at Landon IP and Haydn Evans, vice president of IP solutions at CPA Global. This post provides guidance on the foundation of a strong licensing program for companies interested in developing IP licensing as a revenue stream.

 

 
Patent Searches from Landon IP

This post was contributed by Abhishek Tiwari. The Intellogist blog and Intellogist are provided for free by Landon IP, which is a CPA Global company. Landon IP is a major provider of professional services meeting the needs of the IP community, including patent searches; analytics and technology consulting; patent, legal, and technical translations; and information research and retrieval.

WIPO Releases PCT Report 2014

The World Intellectual Property Organization (WIPO) has released a report on patent filing activities for 2014. According to the report, WIPO’s Patent Corporation Treaty (PCT) saw 214,500 patent applications filed in the year 2014, representing an increase of 4.5% over 2013. The United States and China together accounted for 87% of the total growth in patent filings. More on the report after the break.

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