EIP

🔍 Breaking IP Myths: Software Patents Are More Critical Than Ever in the UK Tech Landscape Fascinating insights from Matt Lawman on why relying solely on copyright for software protection might be a costly mistake. With software-related patents comprising 50% of European Patent Office grants, UK businesses need to rethink their IP strategy. Did you know? The UK Patent Box scheme could reduce corporation tax to nearly 10% for companies with patented software innovations—yet many tech firms still miss this opportunity. Join us at London IP Week to explore more about maximising your IP portfolio's value and staying competitive in the evolving tech landscape. Read the full analysis here: https://lnkd.in/eg_fPJfN #LondonIPWeek #SoftwarePatents #UKtech #IntellectualProperty #Innovation

Less than one week to go until Kathleen Fox Murphy and  Florian Schmidt-Bogatzky will be at the 11th Annual IP Dealmakers Forum in Miami. If you are attending, drop them a message, they would love to catch up! 🚀

Veriphy is our latest legal service for (bio)pharmaceutical start-ups and scale-ups, as well as their potential investors. Through this service, you can enhance your business value and investment potential, especially if you’re working towards securing investor interest. 🛡️ Protect your innovations and leverage your IP with our proactive advice. 👗 Benefit from a tailored and pragmatic advice on commercial agreements. ⛸️ Ensure you have a robust defence and a competitive edge. We created this service to help you position your company for success. So, head to our website (in the comments) to read more about our new service and how to get in touch about how we can help you. 

Congratulations to our German Litigation team who have yet again been recognised by JUVE Patent in their 2024 rankings! 🎉 See the full rankings here - https://lnkd.in/eFfkXDds

Mark Lubbock and Ellen Keenan-O'Malley discuss the EU's regulatory challenges around AI, particularly in light of new legislation like the Digital Markets Act. They address concerns around data, competition, and innovation, pointing out the risks of overregulation, including the potential to curb tech competitiveness and the possibility of Europe losing its position in the global market.   Read the full article here - https://lnkd.in/e66DadWm   OneTrust DataGuidance.

One week to go until Gareth Probert and Inga-Lill Andersson will be attending BIO Europe 2024 in Stockholm. If you are planning to attend, reach out to them. They would love to catch-up! 

And that is a wrap on the AIPPI 2024 World Congress in Hangzhou 🇨🇳! It was an honour to moderate the “The Copyright Dilemma: Trained to infringe?” panel with Warrington Parker, Jun (Allen) Wang and Elisa Huusko, and to represent the U.K. in voting at the Executive Meetings. It was also great to reconnect with and meet lots of new people from around the world 🌍. Until next year! 📣A special shout out to Linda Lecomte for making the panel such a success and for all of her support during the Congress.

The UPC revokes the patent already indicated to be invalid in provisional injunction proceedings between 10x Genomics and NanoString. The reasoning follows the prior UPC and German decisions on the patent and a related patent. Darren Smyth reports - https://lnkd.in/eJ2drZyb

Philips successfully asserted a patent on wireless charging. The UPC considered the patent infringed, on the basis of a different construction of the claims from that adopted by German national courts. David Hole reports - https://lnkd.in/dFBDe8pV

The Patent Box regime allows UK companies to reduce their corporation tax to just 10% for qualifying WORLDWIDE profits. Yesterday Cathy Kennedy at Sumer Northern Ireland gave an example of one client making a saving of £300,000 thanks to Patent Box. BUT often companies are put off filing patents due to the expense 🤑, lengthy time to grant🕰️, reluctance to disclose trade secrets 🤐, and the fact that they are unlikely to enforce rights against competitors 🤑. Most don't know however, that a single UK or EP patent, with scope that narrowly covers just an aspect of their product/process may be adequate for claiming patent box relief. ⛔ No applications in multiple jurisdictions are necessary (much cheaper!!). ⛔ No need for broad claim scope (cheap and quick grant). ⛔ No need to detect infringement or enforce your rights. ⛔ No need to disclose all aspects of your product (hold back your crown jewels if that's important to you). There may well be other VERY good reasons for you to have wide geographical coverage, broad claim scope, competitor monitoring and a diverse patent portfolio of course 😉. But if making huge savings on your UK corporation tax is your goal, just know that the cost of the patent needn't wipe out that saving. Thanks so much to Sumer Northern Ireland's for inviting me to explain all this at the The Merchant Hotel Belfast yesterday. #PatentBox #TaxSavings #InnovationInBusiness #IPStrategy #SumerNI #BelfastBusiness #CorporationTax #PatentsMadeEasy #EntrepreneurTips #UKBusiness