In June 2020, Kyoto University Distinguished Professor Tasuku Honjo filed a lawsuit against Ono Pharmaceutical. He demanded payment of approximately 26.2 billion yen over distributions from the Opdivo patents. After that, in September 2021, the court recommended a settlement to both sides with a proposal. Now, the parties are discussing it. For more information on […]
“Idea Capitalism” – This is the title of a book I recently read, authored by a Japanese cultural anthropologist Naoko Okawachi. The author looks back at the history of capitalism from the perspective of changing frontiers. She says, now that capitalism has eaten up most of the traditional frontiers, the new frontier is found in […]
We answered four questions that are frequently asked in relation to patent monetization. So, if you are interested in selling your patents, please take a look. How can you monetize your patents? Why are your patents not selling? What price can you sell your patent for? What kind of review will a buyer do before […]
When a buyer is interested in your patents for sale, they will conduct an investigation (Due Diligence Review) to decide whether the patents are really worth purchasing. In this review, the buyer usually investigates the following items, obtaining information from the seller. Title: Does the seller has the title of the patents? Legal status: For […]
When selling a patent, how much should you offer as the asking price? You may offer whatever amount you want. Having said that, you might want to know the market price. Asking Prices in the 2020 market The following table shows the asking prices for deals handled by patent brokers in 2020. It shows the […]
Unfortunately, not just any patent can be monetized. In fact, there are many patents that are put up for sale, but no one wants to buy them. So what kind of patents can you sell? 1. Patent infringed by some company One is a patent where some company is using the patented technology, i.e., infringing […]
Currently, about 690 million people, or 8.9% of the world’s population, are suffering from hunger. If this trend continues, the number of hungry people is expected to exceed 840 million by 2030. On the other hand, about 931 million tons of food were thrown away as waste in 2019, which is equivalent to 17% of […]
On May 20 2021, it was reported that FAST RETAILING CO., LTD., which operates UNIQLO, lost a patent case against an IT company Asterisk Inc. Asterisk owns a patent (JP6469758) for technology of reading data from RFID tags attached to the products, which is used in self-checkout machines. Then, they required Fast Retailing to pay license fees for […]