Take Confident Steps in the Patent Landscape with Freedom to Operate (FTO) Search
It’s exhilarating to work on a new invention. However, evaluating your freedom to operate (FTO) in the market is imperative before allocating substantial resources. With a thorough analysis of potential patent infringement threats, Lexqube’s Patent Analytics – FTO Search service enables you to make well-informed judgments.
Freedom To Operate Search
Launching a new product requires navigating the intellectual property landscape. To avoid infringing on existing patents and potential legal issues, a Freedom-to-Operate (FTO) search is crucial. This proactive measure acts as a safety check, ensuring your product enters the market without violating patents in your target region. An FTO search not only reduces the risk of lawsuits but also offers valuable insights on existing technologies. This knowledge can be used to refine your product, strengthen your competitive edge, and gain investor confidence. Furthermore, an FTO search can help identify potential licensing or acquisition opportunities, strategically positioning your business for future growth.
What Is The Freedom to Operate (FTO) Search Procedure?
Non-Disclosure Agreement
Any investor is concerned about confidentiality. We are fully aware of that. We first sign a Non-Disclosure Agreement (NDA) to secure your entire confidence that your idea will remain confidential with us, and only then do we launch the project.
Search
We start the FTO search through our in-house team of professionals with strong experience in a variety of technical domains as soon as we receive a detailed description of the product that is intended to be launched/commercialized, along with the features and the market/territory/country in which the product is designed to launch. After that, we create relevant and thorough search tactics, which include choosing keywords, building search strings, and running searches on databases that are either free or paid for. To provide a full 360-degree view of the search, the search team typically consists of at least three to four persons.
Analysis
After obtaining them from our search across multiple databases, we thoroughly examine the results. Our years of expertise in various patenting-related fields enable us to sort the wheat from the chaff.
Consultation
After conducting a thorough investigation, we determine whether the product is likely to violate any granted patents or pending patent applications in the relevant nation. Considering any related risks, we also certify whether the product is suitable for commercialization.