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Target Scouting

Target scouting is the process of conducting thorough study in order to identify potential valuation opportunities for intellectual property assets. Target scouting reports typically include an overview of potentially infringing products, succinct patent-product map summaries based on the infringement theory, a royalty/damage assessment, and significant industry data (such as investments, revenue and alliances), all of which can be customized to match your individual needs.

What is target scouting?

 

While scouting for entities that can be potential infringers, a patentee requires :

A Valid Patent - US patent law gives a patent owner the right to exclude others from making, utilizing, offering to sell, selling, or importing into the US the patented invention for a limited timeframe. A patent owner may bring a patent infringement claim against an alleged infringer in a US Federal District Court or, if the case includes the importation of allegedly infringing products, before the US International Trade Commission (ITC). In the event that a patent is found to be substantial, enforceable, and infringed in a district court action, the patent owner is entitled to financial damages of not less than a reasonable royalty and in limited circumstances, can even acquire an injunction preventing further infringement.

An Appropriate Jurisdiction Venue -

28 U.S. Code § 1400 (b)

Any civil action for patent infringement may be brought in the judicial district where the defendant resides, or where the defendant has committed acts of infringement and has a regular and established place of business.

Our target scouting report gives you a detailed analysis of:

  1. Entities that can be potential infringers, i.e., locate products in their  portfolio that read on to your patent claim(s).

  2. Locate potential avenues for commercialization (either via litigation, licensing or transactions). 

  3. Information pertaining to the entities' investments, revenue and alliances. 

We have delivered 500+ target scouting reports covering technology domains such as Telecommunications, Software, Cloud Computing, Life Sciences, Cryptography & Security.

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