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ARTICLE · 08 MAY 2020

Managing Your Patent Portfolio During A Crisis

Gowling WLG
Gowling WLG
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Gowling WLG

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A failure to file a patent application before you disclose an invention publicly can have negative consequences on your IP asset.

CanadaIntellectual Property

The best practice when protecting a product or service using patents is to apply to protect any inventions that are incorporated into that product or service prior to any public disclosure, sale, offer for sale, or commercial use of that product or service. This reduces the risk that those inventions will be publicly disclosed prior to a patent application being filed, which helps ensure compliance with worldwide patent requirements.  A failure to file a patent application before you disclose an invention publicly can have negative consequences on your IP asset. 

However, during the current COVID-19 public health crisis, you may not be able to invest the time and money on a patent portfolio that you normally would. Depending on your risk tolerance, you may be able to trade off risk for cost by being cognizant of and relying on various legal tools and strategies:

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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