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Protecting Your Intellectual Property Rights: What is a Patent?

Michael Van Loy, a Member in the Intellectual Property Section of the law firm of Mintz Levin, discusses the definition of a US Utility Patents. Mike has his bachelors in chemistry and his PhD in environmental engineering from the University of California, Berkley.  He also has his law degree from Santa Clara University.

Mike was named a San Diego Super Lawyers Rising Star for Intellectual Property in 2016.

Mike’s practice focuses on all aspects of Intellectual Property, or IP strategy, which includes:

  • Development of IP portfolio
  • Investigation of patentability
  • Drafting and prosecution of patent and trademark applications
  • Patent infringement
  • Preparation and support for patent litigation
  • Licensing negotiations, and
  • Monetization strategies for IP portfolios

Mike drafts and prosecutes patents and advises clients on IP issues in a wide range of technical fields in the technology and life science areas.  He also represents investors in early stage companies with assessing the strength and value of these companies’ IP portfolios.

Let’s listen to his take!

What is a US Utility Patent?

According to Mike:

“Any patent is basically a monopoly right that is granted to an inventor or set of inventors. It can be assigned to another entity like a company. That intellectual property right is basically the right to exclude others making, using, buying or importing the protected technology within the country that the patent is issued in. A U.S. utility patent basically allows its owner to sue others for patent infringement if they do one of those four activities relative to what’s covered by the patent.”

See the full interview with Mike here.

The USPTO give a technical description of the Types of Patents.

This is Patrick Henry, CEO of QuestFusion, with The Real Deal…What Matters.