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• Research Ventures and Licensing • - Brigham and Women's Hospital

• Research Ventures and Licensing • - Brigham and Women's Hospital

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More On Patents<br />

<strong>•</strong> Legal right to exclude others<br />

<strong>•</strong> To preserve patentability: disclose to technology<br />

transfer office before public disclosure (oral<br />

presentations, publication) because foreign patent<br />

protection may be jeopardized (US: one-year grace<br />

period; ROW: must be first to file).<br />

<strong>•</strong> Loss of foreign patent rights can greatly impact the<br />

financial value of an invention<br />

5/10/2007<br />

page 8

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