Medical Device Patents Infringement and Enforcement: Monitoring, Diligence, Alternatives, Path of Enforcement
Cantor Colburn Partner and Post Grant Chair Andrew C. Ryan will discuss Medical Device Patents Infringement and Enforcement: Monitoring, Diligence, Alternatives, Path of Enforcement, in a live 90-minute premium CLE video webinar with interactive Q&A on Tuesday, December 5, 2023. This CLE course will guide patent counsel on the monitoring and enforcing of medical device patents. The panel will address the considerations before enforcing a patent and will discuss the path of enforcement. The panel will discuss alternatives, such as licensing or paying royalties, and best practices for enforcement.
Patent litigation related to medical device technology is expensive. If successful, it can be very lucrative, but it can prove very costly if done incorrectly or there is a failure to be adequately prepared. Patent enforcement can result in injunctive relief or a damages award. Bringing suit can also result in competitors agreeing to pay royalties rather than endure prolonged litigation. It can also result in a licensing campaign for patented medical device technology. Patent counsel should keep in mind important considerations when launching a patent enforcement campaign against a competitor. Among those considerations are potential retaliatory risks, harm to revenue and market share, and significant costs associated with litigation. Before bringing suit, patent owners and their counsel should conduct diligence on the accused infringer's patents.