Getting the Most From Your IP Budget: Strategies for IP Portfolio Management and Litigation Avoidance

During difficult economic times, companies are pressured to cut budgets, and intellectual property (IP) managers are asked to do even more with less. And when least expected, litigation may be initiated against the company.

This Foley Executive Briefing Series breakfast seminar examined practical steps that IP managers can take to work with reduced IP budgets, maintain an effective IP portfolio, and prepare to defend against an untimely lawsuit. Topics included:

• Strategies for minimizing IP costs without compromising the company’s IP position or the technology’s value


• Strategies for delaying litigation costs


• Strategies for monetizing existing IP when the company needs funding but investors are scarce


• Strategies for delaying and reducing costs for IP rights in foreign countries

This informal, interactive session was led by Dr. Michel Morency, Foley Biotechnology & Pharmaceutical Partner, and John T. Gutkoski, Foley Intellectual Property Litigation and Emerging Technologies Partner. They were joined by Dr. John T. Prince, Director of IP Operations, Novartis Institutes for BioMedical Research (NIBR), and Edward J. Adamson, Director, Intellectual Property & Contracts, Organogenesis Inc.

Getting the Most From Your IP Budget: Strategies for IP Portfolio Management and Litigation Avoidance is part of the Foley Executive Briefing Series.