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ARTICLE · 21 NOVEMBER 2016

Being litigation ready: Getting Australian patent ownership and licensing right

Australian patentees should consider carefully and formalise their chain of title and exclusive licensing arrangements.

AustraliaIntellectual Property

Ownership and licensing arrangements relating to an Australian patent can have significant implications in infringement and revocation proceedings. Recent decisions delivered by the Federal Court of Australia have highlighted the need for patentees to consider carefully and formalise their chain of title and exclusive licensing arrangements, or else risk losing their patents and/or the markets they protect.

There are many commercial, legal and regulatory factors which inform and influence patent ownership and licensing arrangements. Often an Australian patent will be owned by a foreign company which does not itself exploit the invention in Australia, and instead licenses a related company or a third party to do so. The foreign patentee may be the parent company, or a related IP holding company which licenses the patent family globally, for administrative efficiency and/or for tax or other financial reasons. The foreign patentee may also be the company which developed

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