Navigation Links
Intellectual Property Insurance for Medical-related Products and Services
Date:1/15/2014

LOUISVILLE, Ky., Jan. 15, 2014 /PRNewswire/ -- Manufacturers, suppliers and distributors of innovative medical-related products and technologies must be able to protect their most important business assets, intellectual property (IP).

(Logo: http://photos.prnewswire.com/prnh/20130716/CL46586LOGO )

Because of the highly-competitive nature of the Medical Device Industry, it steadfastly remains one of the most litigious industry sectors of cases involving IP infringement. This litigious nature can easily be accredited to fast, ever-changing technology. Whether it's defending their products against predatory business practices of others, maintaining their place in the market, or enforcing their IP rights to prevent others from copying their ideas, making it their own and taking precious market share away, IP litigation is expensive and time-consuming.

IP insurance enables the policy holder to fund the litigation to enforce IP rights and/or defend against charges of IP infringement, successfully. This insurance ensures the policy holder can get through an IP lawsuit on the merits of the case, not on who has the deeper pockets to fund a lawsuit. Given its track record of success, only IPISC has been able to offer the market a full scope of IP-specific coverage including Defense, Abatement, Multi-Peril and Unauthorized Disclosure policies on a worldwide basis. IPISC has helped ensure that the funds and the litigation support have been available for the policy holder to get through the litigation process.

IPISC's president, Robert Fletcher, reminds, "It is important for this industry in particular to understand that IP exposure can be a significant risk, yet many are not proactively advising or being advised about the availability of IP insurance. Assessing IP risk and ensuring that the right insurance protection is in place for this potentially devastating and costly exposure is essential to a company's overall financial survival. As a matter of fact, we are winding up a case right now where the Insured would be out of business if they had not had the IP policy."

IP insurance is quickly becoming the most logical and economical choice that the Medical industry can make to ensure that the means are available to fund the high cost and consequences of IP litigation. For further information, please contact Janet Zahnd, Sales/Marketing Manager, at jzahnd@patentinsurance.com, 502-855-5314, www.patentinsurance.com.

About IPISC

IPISC is the industry leader and expert in Intellectual Property Insurance.  Because we have been in the business of managing risk and protecting the value of client's IP assets for over 23 years, we have developed products that use advanced strategies to become market leaders in the dynamic field of IP insurance.  We are committed to providing you top-notch underwriting, insurance products and services.

 


'/>"/>
SOURCE Intellectual Property Insurance Services Corporation
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. New Study Evaluates Psychotropic Prescribing For Persons with Intellectual Disabilities, Other Psychiatric Disorders
2. Free Download -- Two impressive case studies on Pharmaceutical Intellectual Property
3. 2013 Pharmaceutical Intellectual Property Forum is Coming in November
4. Imprimis Pharmaceuticals, Inc. Acquires Intellectual Property for Ophthalmic Compound Development Opportunity
5. Intellectual Property Insurance for the Medical-Related Products Industry
6. Imprimis Pharmaceuticals, Inc. Acquires Intellectual Property Assets from Buderer Drug Company
7. Inovio Expands Synthetic Vaccine Intellectual Property License With University of Pennsylvania
8. Call for Submissions: ICAP Patent Brokerage Announces Expansion of Life Sciences Practice and Increased Buyer Interest in Related Intellectual Property
9. Roche Selects Thomson Reuters to Transform the Management of Its Intellectual Property Assets
10. iBio Announces Important Expansion of its Intellectual Property Portfolio: Allowance of Patent for Anthrax Vaccines and Further Application of Modulator Platform
11. Biodels Intellectual Property Position Strengthened for Ultra-Rapid-Acting Insulin Programs by Notice of Intent to Grant from European Patent Office
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... June 23, 2016 Research and ... Excipients Market by Type (Organic Chemical (Sugar, Petrochemical, Glycerin), ... Topical, Coating, Parenteral) - Global Forecast to 2021" ... The global pharmaceutical excipients market is projected ... CAGR of 6.1% in the forecast period 2016 to ...
(Date:6/23/2016)... 23, 2016 Roche (SIX: RO, ROG; OTCQX: ... its Elecsys BRAHMS PCT (procalcitonin) assay as a dedicated ... shock. With this clearance, Roche is the first IVD ... solution for sepsis risk assessment and management. ... and PCT levels in blood can aid clinicians in ...
(Date:6/23/2016)... ANGELES , June 23, 2016 ... CAPR ), a biotechnology company focused ... therapeutics, today announced that patient enrollment in its ... in Duchenne) has exceeded 50% of its 24-patient ... enrollment in the third quarter of 2016, and ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... 2016 , ... Austin residents seeking Mohs surgery services, can now turn to ... Dr. Russell Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization to ... fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction of ...
(Date:6/25/2016)... ... 25, 2016 , ... First Choice Emergency Room , the largest network ... the Medical Director of its new Mesquite-Samuell Farm facility. , “We are pleased ... location,” said Dr. James M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. ...
(Date:6/25/2016)... ... 2016 , ... On Friday, June 10, Van Mitchell, Secretary of the Maryland ... iHire in recognition of their exemplary accomplishments in worksite health promotion. , The Wellness ... & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one of ...
(Date:6/24/2016)... ... ... Those who have experienced traumatic events may suffer from a complex set ... drug or alcohol abuse, as a coping mechanism. To avoid this pain and suffering, ... traumatic event. , Trauma sufferers tend to feel a range of emotions, from depression, ...
(Date:6/24/2016)... ... 24, 2016 , ... The Pulmonary Hypertension Association (PHA) learned ... receive two significant new grants to support its work to advance research and ... by recognizing patients, medical professionals and scientists for their work in fighting pulmonary ...
Breaking Medicine News(10 mins):