Washington DC
New York
Toronto
Distribution: (800) 510 0384
Press ID  
  • Login
Belmont Star
No Result
View All Result
Sunday, August 14, 2022
  • Business ☆ Finance
  • Culture ☆ Arts
  • Lifestyle ☆ Entertainment
  • Technology ☆ Science
  • Fintech ☆ Cybersecurity
  • Eco ☆ Conservation
  • Business ☆ Finance
  • Culture ☆ Arts
  • Lifestyle ☆ Entertainment
  • Technology ☆ Science
  • Fintech ☆ Cybersecurity
  • Eco ☆ Conservation
No Result
View All Result
Belmont Star
No Result
View All Result

Strategies for Managing a Robust Intellectual Property Portfolio

Hayley Chowdhry by Hayley Chowdhry
July 18, 2022
in Technology ☆ Science
A A
Strategies for Managing a Robust Intellectual Property Portfolio
Share on FacebookShare on Twitter

Running a successful medical device company requires deep knowledge of complex and specialized technologies, how to navigate regulatory requirements, and a thoughtful intellectual property (IP) protection strategy. ZetrOZ Systems’ Dr. George Lewis, inventor of the sam® soft tissue healing pain relief ultrasound device, shares insights on how effective IP portfolio management can improve organizational efficiency that creates a competitive edge in today’s health technology industry.

“In health technology, success requires effective management of your intellectual property and internal processes,” said Dr. Lewis. “ZetrOZ Systems has a portfolio of 48 patents protecting our proprietary innovations in long-duration ultrasonic therapy. Our open innovation and partnership strategy is synonymous with our mission to improve healthcare across the globe by sharing knowledge, expertise, resources, and experience with the broad healthcare community and frontline healthcare providers.”

BelmontNewsroom

The American Distilling Institute Presents ADI 2022 Keynote Speaker: Dr. Anne Brock

Doctivity Names National Healthcare Leaders to Its Board of Directors and Advisory Board

Superpedestrian Rolls Out Seated Scooters in Venice Beach

According to Dr. Lewis, the following five steps will help guide companies in the development of an effective strategy:

  • Consider company size – The company’s size and current stage of development should help guide its strategy. A smaller company in earlier stages of development may not see the same benefit of dedicating resources toward a formal IP strategy as a more established company with several intellectual properties in its portfolio.
  • Create an outline – Outlines organize thoughts and lead to more cogent ideas. Keep a list of team members involved and the type of IP protection being sought. Remember to conduct comprehensive market research to ensure the company’s goals aren’t interfering with existing copyrights.
  • Assess demand and barriers to entry – It’s essential to consider if the IP solves a problem in a way that’s unique and innovative. ZetrOZ differentiates itself and meets market demand by developing the premier high dosimetry non-invasive technology for soft tissue healing and pain management; it maintains processes to safeguard the integrity and confidentiality of its research and to ensure compliance with federal regulations.
  • Consider third parties – Hardware companies often rely on third-party suppliers and partners to scale the production of a new product. These relationships can sometimes expose IPs to risk. For example, if a third-party manufacturer of components is subject to a hack or cyber attack, the sensitive data of all the companies they are working with has also been compromised. When developing a strategy, think about any third parties that could be involved in the creation of core services or products.
  • Perform an IP audit – Perform a thorough audit of the IP to identify potential risks and gaps in protection. Prepare contingencies for any pitfalls throughout the process.

Connect with the state bar association if you do not have an attorney on your team. They can provide recommendations for experienced lawyers to help file appropriate protections. Patent examiners review applications and determine if applicants meet all requirements. Once approved, companies receive a notice of allowance, which establishes the date by which applicants must pay issue fees, and can be accompanied by a statement of the examiner’s reasons for allowance.

Proper management of IP involves a well-developed strategy to secure sensitive information on proprietary technology, including the internal processes and methods that went into developing it. A sound strategy should also detail how to properly allocate resources, and help organizations identify and capitalize on new opportunities for research and development.

Hayley Chowdhry

Hayley Chowdhry

Business Editor

Belmont Newsroom

The American Distilling Institute Presents ADI 2022 Keynote Speaker: Dr. Anne Brock
Technology ☆ Science

The American Distilling Institute Presents ADI 2022 Keynote Speaker: Dr. Anne Brock

August 9, 2022
Doctivity Names National Healthcare Leaders to Its Board of Directors and Advisory Board
Technology ☆ Science

Doctivity Names National Healthcare Leaders to Its Board of Directors and Advisory Board

August 9, 2022
Superpedestrian Rolls Out Seated Scooters in Venice Beach
Technology ☆ Science

Superpedestrian Rolls Out Seated Scooters in Venice Beach

August 5, 2022
  • Coalition To Protect America’s National Parks Applauds The Passage Of The Inflation Reduction Act

https://marketsherald.com/coalition-to-protect-americas-national-parks-applauds-the-passage-of-the-inflation-reduction-act/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #nature #climate #climatechange #environment #nationalpark
  • Astroport Space Technologies Awarded Second NASA Technology Research Contract For Lunar Construction

https://marketsherald.com/astroport-space-technologies-awarded-second-nasa-technology-research-contract-for-lunar-construction/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #cosmos #technology #moon #space #lunarmission #nasa
  • National Public Housing Museum To Begin Construction On Its Long-Awaited Permanent Home

https://marketsherald.com/national-public-housing-museum-to-begin-construction-on-its-long-awaited-permanent-home/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingdigital #museum #housing #arts #culture
  • Quark Expeditions Launches The 2022 Canadian Arctic Season With Its New Ship Ultramarine

https://marketsherald.com/quark-expeditions-launches-the-2022-canadian-arctic-season-with-its-new-ship-ultramarine/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingdigital #guestpost #travel #marine #ultramarine
  • RoboTire Installs First Revolutionary Tire Changing System At Discount Tire

https://marketsherald.com/robotire-installs-first-revolutionary-tire-changing-system-at-discount-tire/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingdigital #guestpost #robotire #discounttire #robotics
  • Children Infected With An Acute Case Of COVID-19 Can Still Develop Long COVID Symptoms

https://marketsherald.com/children-infected-with-an-acute-case-of-covid-19-can-still-develop-long-covid-symptoms/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingdigital #guestpost #guestposting #marketingtips #health
  • Peter Lake Releases New Single ACORNS

https://marketsherald.com/peter-lake-releases-new-single-acorns/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingdigital #guestpost #guestposting #marketingtips #music
  • Thailand’s Leading Trailer Manufacturer Successfully Enters US Market

https://marketsherald.com/thailands-leading-trailer-manufacturer-successfully-enters-us-market/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #marketingdigital #guestpost #guestposting #automotive #thailand

© 2022 Belmont Star. Published by The Ritz Herald. Editions: Markets Herald • Lincoln Citizen • Madison Graph • Fairmont Post • The Hudson Weekly

Address: 1177 6th Avenue, 5th Floor, New York, NY 10036. Contact: pr@belmontstar.com. Phone: (718) 313-5252. M-F: 9AM-5PM. Privacy Policy

No Result
View All Result
  • Business ☆ Finance
  • Culture ☆ Arts
  • Lifestyle ☆ Entertainment
  • Technology ☆ Science
  • Fintech ☆ Cybersecurity
  • Eco ☆ Conservation

© 2021 Belmont Star. Published by The Ritz Herald.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist