🚨Premature disclosure can be the death of innovation. 🚨

Navigating IP in biotech is full of challenges and pitfalls

Here’s what you need to watch out for:

1️⃣ Disclose too early, and you risk everything. Premature disclosure can destroy your chances of securing a patent, and competitors won’t hesitate to capitalize on your mistake.

2️⃣ Skip thorough patent searches, and you’re playing with fire. Overlooked patents can lead to infringement battles, wasting precious time and resources.

3️⃣ Nail the patent scope. Too broad, and it’s tough to defend. Too narrow, and you leave yourself vulnerable. Start broad, then fine-tune as needed.

4️⃣ Keep an eye on your competitors. Ignoring the competitive landscape can open the door to IP conflicts. Stay sharp.

5️⃣ IP isn’t a set-it-and-forget-it game. Your IP portfolio needs regular updates and constant management. Don’t let it gather dust.

6️⃣ Get expert advice early. Poorly drafted patents and missed opportunities can cripple your growth before it starts (there are so many awesome patent attorneys out there, this is not the type of thing you want to do yourself!)

7️⃣ Budget for IP protection. Yes, it’s costly, but incomplete protection will cost you much more in the long run.

8️⃣ Protect in key markets. Remember, IP rights are territorial. Your filing strategy should align with your market goals.

Don't let these common IP missteps slow you down. Plan strategically, protect your innovations, and stay ahead of the competition.

💡 To help biotech startups build a strong IP foundation, I’ve created a basic framework to get you started (check it out in my resources section here). It’s free – I’d love your feedback!