biotech

To Patent or not to Patent

If your invention is at least reasonably valuable and has some newness to it, you ought to think about patenting it. 

If it: 

  • CANNOT be copied by a competent group when they've seen what you've done: DON'T PATENT, keep it a secret. Coca Cola kept its recipe secret for a hundred years. Of "our" companies, at least Ellen AB and Midsummer AB keep secrets. 
     
  • CAN be copied by a competent group when they've seen what you've done: PATENT IT

When you patent something, you publish exactly how to reproduce your idea, and in return for publishing, you get to use your idea without copying for 20 years. That is supposedly the deal between society and the inventor.  

It doesn't actually work entirely that way, unfortunately. 

  • If the invention may or may not be worth very much, and is in the area where your company is active, it is probably a good idea to patent. If and when you sell your company, your patents can justify a higher price for the company than standard valuation models would suggest. Patents also impress potential customers and scare off potential small competitors. Patenting does take time and effort from exactly the people who have the most to do otherwise, so there is a definite cost. It is generally well worth the effort. 
     
  • If your invention is extremely valuable, like Håkan Lans' invention of color screens for computers, then you have to have money enough to defend it BEFORE it is attacked. Your investor must have very deep pockets indeed, deep enough so the attacking large companies think twice about just using your invention. Go to a BIG institution. We're not that well off, so we're not the right investors for you.

The email below is from Håkan Lans. It's in Swedish.

If you want the .pdf file he refers to, email us. It features famous inventors whose inventions have been stolen, and asks the Swedish state to help guarantee patents.

---

Hej Jane,

Innan man söker patent skall man först fundera på några saker.

När ett patent publiceras får alla reda på hur uppfinningen fungerar och kan reproducera den (om inte så är patentet inte giltigt). Det innebär att det uppstår en stor risk för informationsläckage och därmed kopiering. För att ett patent skall skydda måste innehavaren ha tillgång till ekonomiska resurser för att kunna försvara patentet i en rättstvist. Om man inte har dessa resurser måste man finna någon som har resurserna när de behövs. När man fått en tvist är det försent att söka efter resurser eftersom man befinner sig i en tvångssituation där man tvingas acceptera vad som bjuds.

Jag bifogar en PDF fil med uttalanden från ett antal internationellt namnkunniga personer som klargör vad som gäller (se bifogade "Patent986-131110a.pdf "). Det är inte roligt att inneha ett patent som man inte har råd att försvara eftersom patentet då gör mer skada än nytta.

Innan vi försöker finna en tid att träffas föreslår jag att ni funderar på dessa frågor.

Bästa hälsningar,

Håkan

Håkan Lans
PhD, Engineering Sciences

W&P just invested in a digital coach for cross-country skiers

"WeMeMove's real-time coach works and is very easy to use. I hope to be able to contribute to the company's expansion, while simultaneously using WeMeMove to become a far better skier," Jane Walerud said during a lecture at Umeå Tech Arena. 

Article in Business Insider

Ellen: from board member to CEO and listing a company

Jane was CEO of Ellen October 2005 – December 2007. During this time, she listed the company on First North, did three rounds of financing, contracted the first three international distributors after her predecessor had contracted the first distributor in Sweden, changed production partner, and managed the end phases of R&D and the production implementation of new packaging with two year shelf life. She also managed a clinical trial in cooperation with Danderyds Hospital, and implemented ISO 13485 certification.

Article in Dagens Industri "Hon byter IT mot bioteknik"

WeMeMove one of Sweden's hottest tech companies

Artificial Intelligence is a very fast growing area. We have extreme AI expertise and have started building this type of tools for the skiing market
— Christer Norström
WeMeMove from left to right: Sameh El-Ansary, big data and cloud, Christer Norström, board chairman, Magnus Jonsson, CEO, and Mohammed El-Beltagy, algorithms and data analysis.

WeMeMove from left to right: Sameh El-Ansary, big data and cloud, Christer Norström, board chairman, Magnus Jonsson, CEO, and Mohammed El-Beltagy, algorithms and data analysis.

The Guardian: The perfectly fitting shoe is just a click away

A Swedish firm believes that it can take away the frustration of bringing home shoes that don’t fit by using spatial awareness cameras to provide a 3D scan of exactly what each person’s foot looks like.

Volumental, based in Stockholm, has developed software to take a lifelike image of the foot, which can then be used to make either shoes to fit exactly or find ones which are more suitablefrom the shelves.

“Our vision is that the system of going around the stores, trying on lots of shoes or jeans and different products and having a problem of not knowing whether you are medium or large ... I think that system will be completely gone in 10 years. Instead it will be size me,” co-founder Caroline Walerud says.

The Innovators on The Guardian

Volumental: 3D bespoke tailoring moves from the lab to the high street

Volumental is making bespoke tailoring as accessible as taking a smartphone snap
— WIRED

Caroline Walerud, cofounder and CEO of Stockholm-based Volumental, wants to take 3D body-scans from the lab to the high street. Its software lets customers create models so precise they can be used to order fitted shoes and clothing. "We want to make custom products the norm, not a luxury," says the 25-year-old. Article in Wired