Some of us could be retired in luxury by now at those rates! But I'd be
curious to know how they determine whether prior art results in "savings
to the customer" and how much it is.
- Sara Davis, GlaxoSmithKline
"Zimmermann, Roy" <roy.zimmermann@medtronic.com>
Sent by: owner-piug-l@derwent.co.uk
05-Nov-2002 16:30
To: "Pandya, Dilip", piug-l
cc:
Subject: RE: SAS unveils new patent analysis service
We patent searchers among the PIUG membership who regularly provide
litigation support searching should note the SAS pricing below, viz.:
"SAS will offer preliminary findings at no charge during the initial
call or shortly thereafter. The cost to engage SAS to provide an
in-depth search and analysis of relevant prior art is $50,000. If the
prior art found by SAS results in an actual savings to the customer, SAS
also charges a portion of the savings, usually 10 percent."
If SAS can sell their prior art discovery process for that kind of
pricing, we searchers clearly are underpaid.
Roy Zimmermann
Principal Patent Information Specialist
763-505-2527 763-505-2530 (Fax)
roy.zimmermann@medtronic.com
-----Original Message-----
From: Pandya, Dilip [mailto:Dilip.Pandya@alza.com]
Sent: Tuesday, November 05, 2002 3:07 PM
To: piug-l@derwent.co.uk
Subject: SAS unveils new patent analysis service
Dear PIUG members, this news release may be of interest to you.
Dilip P. Pandya
Sr. Information Scientist
Information Resource Center
ALZA Corporation
Phone: 650.564.7903
Fax: 650.564.5554
dilip.pandya@alza.com
SAS unveils new patent analysis service;brings intelligence to
innovation management
With new law making it easier than ever to challenge patents, billions
of dollars hang in the balance
CARY, N.C. (Nov. 5, 2002) - This weekend, President Bush signed into law
the 21st Century Department of Justice Appropriations Authorization Act,
which includes language related to intellectual property that will make
it easier than ever to challenge the validity of a patent.
Every year, companies in the United States alone pay billions of dollars
in royalties and license fees on patents. Many of these patents should
never have been issued, as they do not represent a true invention. By
having better information on what is legally termed "prior art" -
pre-existing examples of the very same invention - companies can take
steps to save potentially enormous amounts of money.
SAS, the leader in business intelligence, today announced SAS(r) Patent
Prior Art Discovery Service, a new offering designed to provide this
crucial information. Through its new service, SAS will analyze existing
patents and rapidly provide information about relevant undisclosed prior
art associated with them. In cases where it can demonstrate that a
patent is unenforceable, the service can enable organizations to reduce
or end costly patent royalty payments and to protect themselves from
potential litigation.
"The change in the law means that it is easier than ever to challenge
the validity of any patent, and this could have a huge impact on
profitability," said John Boswell, SAS' general counsel. "SAS gives any
company that is being threatened with a lawsuit over a patent or that is
paying patent royalties the power to know immediately if any patent is
subject to challenge because of undisclosed prior art. The new SAS
Patent Prior Art Discovery Service brings intelligence to an
organization's innovation management."
How does it work?
In just a few seconds, SAS can access a database of relevant art
associated with any patent filed at more than 80 different
patent-issuing authorities. This represents virtually all (98 percent)
of the electronic patent documents available worldwide.
SAS can give the customer an initial idea of whether there is relevant
prior art that was not examined by the U.S. Patent & Trademark Office
when it issued the patent. SAS will then conduct an in-depth search and
analysis of the prior art only if SAS and the customer determine that
this service is likely to benefit the customer.
If the prior art search and analysis shows that the patent at issue
contains no new invention, the customer then has extremely valuable
information. Armed with this information, the customer can renegotiate
its current license to the patent, choose to stop paying royalties, or
have the patent re-examined in light of the newly discovered prior art,
for example. In the case of threatened litigation, the customer can
quickly demonstrate the likelihood of the patent being found invalid and
possibly end the threat.
SAS will offer preliminary findings at no charge during the initial call
or shortly thereafter. The cost to engage SAS to provide an in-depth
search and analysis of relevant prior art is $50,000. If the prior art
found by SAS results in an actual savings to the customer, SAS also
charges a portion of the savings, usually 10 percent.
For more information on the SAS Patent Prior Art Discovery Service, see
www.sas.com/news/feature/05nov02/patent.html.
About SAS
SAS is the market leader in providing a new generation of business
intelligence software and services that create true enterprise
intelligence. SAS solutions are used at more than 39,000 sites -
including 98 of the top 100 businesses on the Fortune 500 - to develop
more profitable relationships with customers and suppliers; to enable
better, more accurate and informed decisions; and to drive organizations
forward. SAS is the only vendor that completely integrates leading data
warehousing, analytics and traditional BI applications to create
intelligence from massive amounts of data. For more than 25 years, SAS
has been giving customers around the world The Power to Know(r).
Editorial contacts:
For Americas: Mike Nemecek, (919) 677-8000
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Copyright (c) 2002 SAS Institute Inc. All Rights Reserved.
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