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össur annual report2009 - Euroland

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R&D is essential to future development of the Company that is determined<br />

to maintain its technological competency through investment in research<br />

and development activities.<br />

intellectual property<br />

The role of intellectual property management at Össur<br />

is to implement IP strategies in alignment with the<br />

Company’s overall business objectives. IP functions<br />

are strategic alignment, portfolio management – assuring<br />

necessary freedom to commercial exploitation –<br />

licensing and IP conflict management.<br />

Össur’s intellectual property rights are generated<br />

through in-house innovation, acquisitions and user<br />

licenses. The Company’s IP portfolio is well diversified<br />

and representative of the business areas within the<br />

orthopaedic industry segments in which Össur operates.<br />

At the end of 2009, Össur had 349 patents granted in<br />

strategically selected countries within its portfolio, along<br />

with 364 pending patent applications. The Company’s<br />

trademark portfolio consists of 404 registered trademarks<br />

and 105 pending applications.<br />

bioMechanical and Medical<br />

platforMs<br />

Biomechanics is the application of mechanical princi-<br />

ples to the human body. In Össur’s case, it means that<br />

understanding biomechanical principles leads to products<br />

designed to meet the need for comfort, functionality<br />

and pain management. R&D’s biomechanical platform<br />

focuses on enhancing biomechanical research in order<br />

to design and validate orthotic and prosthetic devices<br />

based on current medical necessity.<br />

The Medical division of R&D focuses on clinical tests<br />

and the dissemination of clinical results, scientific collaboration<br />

with medical institutions, as well as providing<br />

clinical input for product development.<br />

25 <strong>annual</strong> report 09

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