Introduction

The development of new and differentiating technology has grown increasingly important as a key driver for many industries - particularly those suffering from rapid and unrelenting commoditization. Because of this, intellectual assets have amassed a growing share of the overall valuation of many corporations. The supporting Research and Development investments and related technology transfers can consume valuable resources and be highly costly.

Failing to properly procure the patent rights to key innovations can result in the loss of R&D and product investment, business opportunity, and market advantage. Carefully worded and tightly structured patents can effectively secure the rights to key innovations for many years, whereas poorly worded and loosely formatted patents can result in limited coverage, or possibly no coverage.

The LexisNexis PatentOptimizer^® Reports web site provides the ability to automatically proof patent applications and generate comprehensive summary reports that identify a variety of common errors, anomalies and areas of concern. The reports aid the practitioner in developing internally consistent, concise, and well-tailored patent applications. Additionally, the same analysis used to draft stronger patent applications can be used to analyze and dissect previously issued patents available online.

In addition to generating comprehensive error reports, the PatentOptimizer^® Reports site can be used to quickly auto-generate IDS Forms suitable for filing with the U.S. Patent Office, as well as dozens of comprehensive patent claim charts at a time.

Users of PatentOptimizer^® for Litigators have the added ability to auto-generate comprehensive Term Analysis Reports. These reports are useful for gathering evidence for Markman hearings and arguing the meaning of specific terms and phrases. Note that IDS Form generation is not available in the litigation version.