How to get money to start a biotech company after filed a patent?
460963
Hire a lawyer, have him or her draft a private placement memorandum, and shop it to angel investors.  \n\nBut are you serious, you filed a patent and NOW you're looking for money?  It must be a provisional app.....
72660
Start by finding a patent attorney. \n\nTo prove you are the original inventor, you want a patent. Whoever files in the patent office first wins (providing that the patent is ultimately issued).  File a provisional patent.  This will give you a "placeholder" and protect your invention for one year during which you need to prepare a full patent application. No other documentation will stand up to a patent. You can do the provisional patent yourself.  Look at this website:
1016505
Word of the Wise. Investing in biotechonlogy is a craps shoot. \n\nThere are thousands of them promising to make the next cancer breakthrough while all they actually do is go bankrupt and make their shareholders mad. One might become the next Google, put don't put your money on 1 in 100,000 chance. You might as well put your money in the lottery. \n\nI lost a ton in the tech crash of 2000, invest in what you understand, not some biotech.\n\nlol
145517
If you're trying to get a U.S. Patent...start by going to this web site -\nhttp://www.uspto.gov/\n\nIt's the United States Patent and Trademark Office.  They have all the info and forms you'll need.\n\nAlso, there are Patent Lawyers who will help you file your patent as well, but you will have to cough up some $$$ for that.
103441
Well, it doesn't cost a million dollars, but a patent search is the only surefire way. That'll hit you back anywhere from twenty five to fifty grand.\n\nYou can forego all that if you're prepared to set some of your  profits aside in an IP fund - so that if you get sued by a patent holder, some of your money is stored away to give them. If you genuinely did not know about their patent, they can't shut you down (as NTP is trying to do with RIM), but you will be liable for the appropriate amount of revenue associated with the patent.
210345
Get a Patent and drop me a line
1133953
Yes, patent right away. It has several advantages:\n\n1) you would know if your idea is truly unique or if others have already thought of it. That way, you don't waste investors time and your time in a failed idea. \n\n2) if you are granted a patent, an investor would be more likely to give you money because no one else can steal that idea/product from you and you are the rightful owner. Also, they know you are committed to this idea and won't run with their money. \n\n3) Investors actually can "see" what your idea is. They can better analyze the practicality of your idea and do a rough risk analysis of whether this might be a good investment for them. Seeing is believing for most people. Better than theory and ideas anyway. \n\nThose are the top 3 reasons. \n\nBest of luck with your idea!
687328
PI'm assuming you will want to patent your invention, since that is probably the best way to maximize its worth.  Patent law is a tricky, technical area, and it is worthwhile contacting a patent lawyer. \n\nOne of the presumptions to obtaining a patent is that you haven't shared the idea with anyone else (other than your advisors).  You should ask your lawyer whether this includes anyone with whom you've shared it for commercialization purposes.\n\nIn any case, what your potential investor is asking for is a right to be the sole option for commercialization - they will be the only person you let use your invention.  This is valuable to them, of course, because it means that they can establish a market for it before anyone else - think of popular items that we actually know of by their trade name, and you will understand the value (Kleenex, Thermos, e.g.).\n\nYou should be able to charge them a substantial fee for this beyond the normal production/distribution agreement.\n\nThere are several issues with these agrements - consider what happens if they don't promote your product, if they don't protect intellectual propoerty rights, whether you want them to be able to sell this right to someone else, etc.  These are all detailed aspects that are fact-driven, and you will want to discuss them with a competent IP or commercial lawyer.\n\nIf the exclusivity is just for a period to consider whether or not to invest or do business with you, then you will have to consider whether you need them to sign a confidentiality and non-disclosure agreement, how long you are prepared to sit and wait - and what that is worth to you, and similar issues.\n\nI would suggest that you ask for a copy of the agreement, sit and think about it for a while, and ask yourself the question "what can go wrong?" since contracts are about establishing a relationship - and are particularly for use after the relationship has turned sour.  \n\nYour lawyer should be able to give you an idea about the commercial realities in your area.  I would think that if it is just for consideration, you are looking at a much shorter time frame, and a low fee (if any).  For a development agreemeent of some sort, it will be much more valuable, and longer-term (perhaps as long as, or longer than, the term of the potential patent).\n\nGood luck.  Remember, if you want to get a patent, don't share your idea until you talk to your IP lawyer.
96696
sounds like you want to add on to an existing patent from the aviation industry. that can be done, it is however pretty difficult for the little guy to deal with the big companies. if you can find a good quality patent attorney and a business attorney that would be a start. you will also need big dollars to start.\n\ni have seen some great inventions go nowhere because industry needs a cost benefit analysis that proves to them that they will make incredible profits from your idea. \n\nsome guy invented a tail light that pulsed with the application of the brakes and varied based upon the speed of deacceleration. awesome product used on motorcycles and it was also tested in taxicabs. he could not interest the automakers. it would be saving lives and accidents today.
843093
If you are in the US, you go to the US Patent and Trademark Office to get a patent. http://www.uspto.gov/web/patents/howtopat.htm UPTO has a page on the Basic Facts of Patents that you may want to read http://www.uspto.gov/web/offices/pac/doc/general/index.html\n\nNote though that getting a patent is a complicated and costly process. It is best to work with a patent lawyer to help you navigate the process. The cost of filing a patent can go anywhere from $10K to $35K depending on the cost of your lawyer and what it is you are trying to patent
455059
You may start by reading how to go about this process so you won't be blindsided by scammers, ripped off by other companies or your idea stolen from you:\n\n5 Actions You Must Take to Assure a Successful Invention http://www.powerhomebiz.com/122005/invention.htm\nHow to Make Money from Your Inventions  http://www.powerhomebiz.com/vol121/inventor.htm\nHow To Protect Your Idea http://www.powerhomebiz.com/vol81/protectidea.htm \nHow to Get Your Consumer Invention to Market\n http://www.powerhomebiz.com/012006/invention.htm\n\n\nHere are books I recommend:\n\n- Protecting Your #1 Asset : Creating Fortunes from Your Ideas : An Intellectual Property Handbook \n- Patents and How to Get One : A Practical Handbook \n- Patent It Yourself \n- Protecting Your Ideas : The Inventor's Guide to Patents
436457
Let's go from the top.\n\nAny idea that you have, that has not been done before, can be made into a patent.\n\nRule 1 Do not disclose any information to any person verbally or written as this is called prior disclosure and because you may have spoken to a friend about it means that the patent may no longer valid.\n\nRule 2 Try and do some research into your claim. Has anyone else worldwide thought of the same idea. Search for it elsewhere in your country or the world.\n\nRule 3 If it has not been done before, submit an initial claim to the Indian government patent society (or whatever they are called)\n\nRule 4 Get an Intellectual Properties Lawyer to sign a non disclosure agreement or intellectual property rights agreement. Once this is done you can discuss only with him. He can then progress all the legal requirements necessary.\n\nAt this point once the patent application is registered you can get financial backing by offering a small stake to potential licencees (ensure that you sign a confidentiality agreement first).\n\nRule 5 Decide on which countries to persue your patent in, as registering a patent in lots of countries costs a great deal of money to do. (Lawyer will advise)\n\nI wish you every success.
225757
The article "How to Protect Your Idea" http://www.powerhomebiz.com/vol81/protectidea.htm offers several ways you can protect your business idea while you are looking for funding. Here are the tips:\n\n1. Hire a patent lawyer who can help you start the process of protecting your idea and give you advice on legal steps you can do to protect your idea\n\n2. Keep extensive records tracking the development of your idea by having a logbook or notebook, dating each step to show a complete product development process.\n\n2. Proceed with the patent process first. In some countries such as Australia, it will be harder to obtain a patent for your product if you publicly discuss, publish, demonstrate or sell your product before you file a patent application. Having at least a provisional patent (or "patent pending") can give you more confidence that you are \n\n4. Document where, how and to whom you showed your idea. ask him or her to sign a non-disclosure agreement before you discuss or show your idea. Also ask the person to initial and date the page of your sketches in your logbook. These tools can give you ammunition in the event that the other party copies or steals your idea. Document every phone conversations, patent applications, and brainstorming sessions.\n\nIt is better to hire a patent attorney at this point, rather than hire a lawyer battling out those people who stole your idea later on. By keeping extensive records of how your business idea developed and getting those you talk to to sign NDAs can give you stronger ammunition. It does not always work (especially if you say you are in a country full of corruption), but at least you have stronger legal grounds.
355060
Join technology and business fairs.  Send your business plan to banks and prospective investors.  Try to ask friends and family for preliminary financing - they could hit the jackpot on your company someday! (Think Coke, Google!)
1022319
first get a patent for a new tech .produce it give it to the testers and reanalyse it .register your product. if it is a software release a beta version and look for views then release the original version(i suppose these are logical steps)
26547
a patent ofice that is the first step make sure no one steals ur invintion there might already b a patent for it if thats the case your out of luck\n\np.s. good luck
461762
I would try to find a local investor. I've started 3 companies and you do not want capital venture firms giving you money. Find a local businessman or company to invest. 200-500k is a very small investment. Just make sure you have an attorney look over the documents before signing anything if you find an investor. If I didn't have a law degree, I wouldn't have noticed many of the stipulations. You can get screwed pretty easily and end up only owning 30-40% of the company you worked so hard to start.