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Patents
Patents can give your product the wings of the invention it deserves.
It is no secret that invention creation takes a lot of effort, energy, and investment.
Inventors must think like businesspeople to make sure that the benefit in return maximises the innovation’s potential.
A patent is an essential tool for businesses that can guarantee protection for up to 20 years.
Protection of patents will give you peace of mind because they can ensure exclusive and predictable rights, easy commercialization, licensing and block of competitors.
Benefits
Comprehensive approach
Due to our vast professional experience starting in 1992, we can assure you consistent and thorough approach for protecting your innovation at the right time and place.
Our team of experts with different backgrounds in science fields, such as engineering, mechanics, physics, chemistry, and biotechnologies, will lead you during the patenting process.
Versatile scientific education in engineering, mechanics, physics, chemistry, and biotechnologies and deep understanding of patent law enable us to deal with innovative technical concepts and descriptions promptly and cost-effectively.
Long-term partnership
We observe the principle of having a long-term and comprehensive partnership with the client and guidance throughout the various patenting stages.
Our knowledge, experience and intuition combined with your innovative ideas may lead to your long-standing and sustainable commercial success.
Solution-oriented approach
Approach “possible or impossible” is not for us.
In every situation, we strive to find and offer custom-built solutions adjusted to every client’s needs.
Our goal is not only to find the best solution but also to create added value for your business in the long run.
Services we provide
Services we provide
Audit of the prior art and technical solutions
The key to a successful patent application is knowledge about prior art and technical solutions. Such understanding leads to a brainstorming process, which is beneficial for any patent application as it outlines a strategy.
During this stage, we help you to answer such essential questions about your invention as:
- what to protect?
- how to protect?
- when to protect?
- where to protect?
Patent drafting and filing
Patent filing encapsulates the entire invention, which requires the utmost attention and precision to detail. That is why collaboration between the patent attorney and the inventor is essential to this process.
Our experts assist and cooperate with clients throughout the whole technical patent application drafting process in the country of choice.
We draft, file and prosecute any size of patent portfolio worldwide and before the European Patent Office (EPO).
Patent commercialisation contracts
We encourage patent holders to monetise their patent rights by licensing or franchising patents.
We are committed to helping negotiate and draft the terms of such agreements, including aspects of ownership rights, safeguards, pricing, scope, indemnities, and warranties.
Patent enforcement
Focus on identifying infringements must be on the top priority list for patent holders.
We are well-positioned to navigate all aspects of patent enforcement because it is the remedy against infringement.
We can help you take enforcement actions to prevent infringements or negotiate out-of-court settlements.
To maintain a fair market, we assist you with disputing the validity of patents by filing opposition or revocation action and representing your interest in courts or patent offices.
Management, due diligence and valuation of patent portfolio
Maintaining the validity of patents in several countries can be expensive. Thus, proper management and due diligence of your patent portfolio may reduce your costs.
Our experts will help you understand which patents add value to your business and which are only a waste of money. In addition, we are eager to advise you on the strategy of formation and maintaining patent portfolios, as well as the costs and benefits of pursuing patent protection for your current or potential patents.
Valuation of the patent portfolio can be helpful indecision-making when you want to secure financing, enhance value, attract partners, settle disputes or sell or licence a patent.
Related updates
All updates
2022 - 05 - 30
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Insights
What are the options for applicants interested in Unitary Patent, whose European patent applications have reached the final phase of the grant procedure?
Currently Unitary patent protection system is not in force yet. The whole intellectual property world now waits for Germany to deposit its instrument of ratification of the Agreement on a Unified Patent Court (UPCA). The deposit of the instrument of ratification is a reference point, from which the two transitional measures are introduced. The precise date will be communicated on the website of the European Patent Office (EPO). The UPCA along with the Unitary patent protection system will enter into force on the first day of the fourth month after this deposit. It is expected to happen in late 2022 or early 2023.
2020 - 10 - 01
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News
The Patent Office of the Republic of Latvia launches an e-service system for patents
2020 - 03 - 12
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News
Dr. Artis Kromanis elected as the Latvian substitute member of the Council of the European Patent Institute (EPI)
2019 - 12 - 02
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News
Participating in the seminar Labyrinth of Intellectual Property Market (oraganized by the Latvian Investment Development Agency)
2022 - 10 - 25
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News
IP Stars ranks PETERSONA PATENTS – AAA LAW in Tier 1 in the IP Stars Edition 2022
2022 - 11 - 15
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News