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Why do new programs have few patents listed in the license agreement?

April 26, 2017Agreement license patents Programs

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Why do new programs have few patents listed in the license agreement?

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The process for evaluation of patents for inclusion in the program is a rigorous and time-consuming process. Because of the effort and costs involved, licensors do not submit the bulk of their patents for review until licensing has commenced. Over time, as licensors submit patents for evaluation and those are completed, and as pending applications issue as patents in the case of innovative and new essential intellectual property, the list of Essential Patents will grow.