Post by Patent licenses on Sept 24, 2021 6:10:18 GMT
A company that uses your invention is called a prospective “licensee.” We begin out-of-court negotiations by sending a notice letter to the prospective licensee. The letter identifies the patents and which products or services are using the patents and offers a patent licenses .
When prospective licensees respond, they typically ask for evidence of infringement in the form of claim charts. This, in turn, can lead to a discussion of financial terms for a patent license. If the prospective licensee does not respond to the letter, clients frequently ask us to file a patent infringement suit, where the patent owner asks a court to declare that the prospective licensee owes the patent owner money damages for infringement.