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Identifying licensees for new inventions just became automated

| By Chemical Engineering



Licensee Locator is an analysis tool that enables users to identify and locate potential acquirers or licensees for patented technology. Licensee Locator playbook takes any patent or technology description and automatically identifies potential acquirers or licensees, based on objective metrics of licensability, revealing suitable organizations that may not otherwise have been considered. This is made possible by its ability to process hundreds of millions of data points about all possible licensees — expanding the potential for commercialization far beyond the patent owner’s existing network. — PatSnap, London, U.K.