A patent is a legal title granting its holder the right in a particular country and for a certain period of time – to prevent third parties from exploiting an invention for commercial purposes without consent.
At patentsworth, our team of patent professionals not only has scientific, technical and law knowledge in diverse fields of technology discipline, but also has a commercial understanding on how intellectual property are used. Effective patent protection greatly enhances your commercial opportunities, making it easier to seek investment from prospective partners or licensees.
We believe intellectual property strategy and portfolio management will cover more than just the filing of a patent application. Our professional breadth of experience, resource, knowledge and expertise means we understand the issues your business faces day-to-day, and truly speak your language – to ensure your IP is protected and commercially rewarding with effective IP strategy.
Patent Identification Assessment
At patentsworth, we believe that early identification of intellectual property such as patent exists in a product can go a long way to creating a competitive advantage. When you are to point out suitable IP rights well, you know how to bring the product further better than any of your competitors.
Patent Search & Patentability Opinion
It can be a decisive advantage to have access to up-to-date information on the global state of the art in your technological area and on the innovation activities of your main competitors.
Patent search allows you to check on patentability (i.e. novelty, inventive step) of your invention and possibly steer research activities towards truly innovative products as well as to avoid infringing third party patents.
To prepare a patent specification that effectively protects the most valuable parts of an invention, demands highly specialised expertise, knowledge, training and drafting experience – nuanced works of art. The drafting process can be well performed by a patent drafter, rather than doing yourself.
At patentsworth, you can rest assured that no matter what your invention, our patent professionals have the art, skills and experience of drafting a patent specification in a way that it fulfils all the requirements for effective protection for the invention.
Filing & Prosecution
Our team has the experience and expertise to manage patent portfolios at home country and all other countries on a global scale through our extensive network of trusted foreign associates.
If your plan is to fabricate or market your invention in foreign countries, you will need to apply for a patent in each country in which protection is required. There is no such thing as global or world patent.
For overseas filing, you can choose to file directly under the provisions of the Paris Convention, either as an alternative to or in combination with filing via the Patent Cooperation Treaty (PCT) system. As a rule of thumb, use the Paris Convention if you want a patent in just two or three foreign countries. Use the PCT system if you are interested in four or more foreign countries.
A patent is protected 20 years from the date of filing. To keep your patent in force, renewal fees must be paid at the anniversary of the second year and each following year counted from the date of granting. If you allow your patent to lapse, you will lose your exclusive monopoly rights and open up your patented invention to be legitimately used by third parties.
At patentsworth, we are glad to offer our service relating to providing notification and alert to you as the patent holder in ample time prior to the renewal deadline. And, of course, we can promptly attend to the payment of renewal fees on your behalf.
Utility Innovation (UI) is another type of patent protection uniquely available in Malaysia.
UI is an exclusive right granted for a “minor” invention – any innovation which creates a new product or process, or any new improvement of a known product or process, which is capable of industrial application and includes an invention – with a lower threshold of patentability as there is no requirement for an inventive step.
A utility innovation is protected 10 + 5 + 5 years from the date of filing subject to use.
Other Patent Services
Equivalency Search, Freedom-to-Operate (FTO) Search, Market Landscape Study & White Space Analysis and Patent Valuation