The importance of the US Patent Office’s “inter partes review” (IPR) process was highlighted in dramatic fashion yesterday. Patent appeals judges threw out a patent [PDF] that was used to sue more than 80 companies in the fitness, wearables, and health industries.
Trying to succeed as a startup is hard enough. Getting a frivolous patent infringement demand letter in the mail can make it a whole lot harder. The experience of San Francisco-based Motiv is the latest example of how patent trolls impose painful costs on small startups and stifle innovation.
For many businesses across the country, innovation is the key to success and growth. Unfortunately, many companies in my sector are facing impediments to their well-earned success in the form of patent trolls.
This is a tale of two former bodybuilders, facing off in court — over a patent. And not just any patent: Based on federally funded research, this one has a pedigree that links back to one of the most prestigious universities in the world. And this kind of legal mano a mano raises questions about the role of universities in the patent system.