“One person’s trash is another person’s treasure.”
What do you do with patents or other intellectual property that are no longer useful to your company? License them.
Licensing can be very profitable, yet very few patents are actually licensed. Approximately 2 to 3 percent of issued patents become licensed for a royalty.
Fay Sharpe’s professionals will help you analyze underutilized intellectual property with an eye toward possible licensing opportunities before the IP protection lapses.
In partnerships with universities and other not-for-profit entities, our professionals assist in the transfer of technologies from the research laboratory into the business world.
At Fay Sharpe, our goal is to help our clients create income opportunities and partnerships that maximize the value of IP portfolios.
Representative Licensing & Tech Transfer Clients:
- Rich Products Corporation
- Cleveland Heart Lab
- Boyer Sign Co.
- MetroHealth System
- University Hospital
- Kent State University
Contact Fay Sharpe now at 216.363.9000 to begin exploring your licensing or tech transfer opportunities.