A business is said to have “freedom to operate search” if it is allowed to create, produce, and market its goods without fear of facing legal repercussions from other patent owners. Unfortunately, the right to free enterprise is not a universal one. Lawsuits alleging patent infringement may cause product release delays, full product withdrawals, years of development costs to be lost, as well as financial and reputational harm to shareholders. As a result, one must exercise caution and initiative to safeguard their interests.
A Freedom-to-Operate (FTO) assessment or Clearance assessment is the primary method for achieving this, as it can give an inventor or business the assurance they need to commercialize a good or service without violating pre-existing patent rights.What are FTO and FTO ASSESSMENT?
A business is said to have Freedom to operate search if it is allowed to create, produce, and market its goods without fear of facing legal repercussions from other patent owners. Unfortunately, the right to free enterprise is not a universal one. Lawsuits alleging patent infringement may cause product release delays, full product withdrawals, years of development costs to be lost, as well as financial and reputational harm to shareholders. As a result, one must exercise caution and initiative to safeguard their interests.
A Freedom-to-Operate (FTO) assessment or Clearance assessment is the primary method for achieving this, as it can give an inventor or business the assurance they need to commercialize a good or service without violating pre-existing patent rights.
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