The fourth webinar in the 2016/2017 TERMIS PAP series was given by Ms MacKenna Roberts, a legal consultant at Life Sciences IP, UK.
Think about intellectual property (IP) from the beginning involving all layers of management. Identify potentially valuable IP early on (patent, trade secret, know-how, copyright, and trade mark). Which part of you IP is most valuable is not always straightforward. Consider what you may want to patent and what to protect as confidential know-how or trade secrets. Control confidentiality carefully protecting against inadvertent disclosures. Disclosing your invention will damage/destroy your IP. Documents protecting you IP (e.g. NDA/CDAs, IP clauses in contracts) are essential from the beginning. Do an IP landscaping exercise early on to identify competitors, potential collaborators and infringers. Maintain a clear paper trail from the beginning recording the IP, its proposed method of protection, and its ownership. Sorting out IP ownership retrospectively is messy and expensive.
You can read more about the topic through our medium.com blog post:
You can also watch a recording of the webinar through: