Patent Pools in Life Sciences by Narinder S. Banait and Robert J. Yamasaki


A patent pool is defined as an arrangement among multiple patent holders to aggregate their patents where all pooled patents are made available to each member of the pool, and standard licensing terms are offered to licensees who are not members of the pool. Typically, a portion of the licensing fees are allocated to each member according to an agreed upon formula.

Patent pools provide a vital mechanism for promoting the development and use of technology and for reducing transaction costs in cases where commercialization of a product or service requires the use of multiple patented technologies. Patent pools played a key role in the development of manufacturing technologies during the industrial revolution, and more recently in the development of the electronics and telecommunications industries. However, with a few limited exceptions, patent pools have not been utilized in the life sciences industry. We discuss the legal requirements for patent pools and explore how technical standards might facilitate the formation of patent pools in the life sciences industry.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Fenwick & West LLP | Attorney Advertising

Written by:


Fenwick & West LLP on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.