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.
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.