NK Patent Law Active in IP Asset Transfer, Growing Bio Business Events

NK Patent Law Active in IP Asset Transfer, Growing Bio Business Events
WINSTON-SALEM & RESEARCH TRIANGLE PARK, N.C. -- NK Patent Law, helping innovative startups and established technology companies protect and exploit their intellectual property (IP) assets as a competitive advantage, has been sharing its expertise and experience in the biotechnology sector at recent events in North Carolina’s Triangle and Triad regions. The firm participated in the panel discussion, “Are you endangering your IP assets during a Transfer of Rights?” at the Hamner Conference Center at the NC Biotech Center in Research Triangle Park, in addition to sponsoring Biotech Night @ Venture Café Winston-Salem.


“Both of the recent events were outstanding opportunities to help members of the biotech community learn how to manage the growth of their businesses by taking a comprehensive approach to legal issues during IP asset transfers events, such as equity investments, mergers, acquisitions, licensing agreements and other ownership changes,” said NK Patent Law’s Lyle Gravatt.

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A member of the expert panel of IP professionals speaking at the NC Biotech Center, Gravatt said attendees were interested in a variety of topics, such as the importance of an IP asset’s chain of title, which involves scanning the public records and checking their consistency with the underlying documentation, often revealing errors that need to be cleaned up before any ownership change can be effected.

“Is there ongoing litigation? Are there security interests involved? Do third parties have restrictions or limitations placed on the assets? These are additional issues that businesses need to address,” he explained.

Whereas attendees of the panel discussion included paralegals and attorneys from local law firms and universities along with some in-house counsel, the audience at Biotech Night @ Venture Café Winston-Salem was more diverse. Members of local biotechnology companies, universities, and scientifically-inclined professionals from across the Triad networked, interacted with vendors, and attended bio-focused break-out sessions exploring topics for growing a bio business in the region.

“NK Patent Law is excited about the Triad's budding entrepreneurial scene and the support groups like equity investors, local universities, and Venture Café offering resources to bio-focused startups,” Justin Nifong, NK Patent Law co-founder said.

NK Patent Law’s biotech patents group works with Fortune 100 companies, startup companies, contract research organizations, and public and private universities on complex corporate, joint venture, and licensing matters, advising clients on freedom to operate analysis and clearance for entry of new biotech products into the United States and foreign countries as well in due diligence matters for intellectual property acquisition and monetization.

The firm has experience with technologies including enzymes, proteins, diagnostic materials, kits, and devices, biological systems, chemical patents, genetically modified goods, biologics, agribusiness and plant science.

NK Patent Law operates an office in Winston-Salem’s popular Wake Forest Innovation Quarter while maintaining its headquarters in Raleigh and a satellite office in the First Flight Venture Center in Research Triangle Park.

Information about services including U.S. and foreign patent prosecution, patentability, infringement, and validity opinions, licensing, due diligence, maintenance, patent portfolio development and management; license agreements, joint development agreements, other IP monetization contracts and agreements; and trademark related services is available by emailing marketing@nkpatentlaw.com or visiting www.nkpatentlaw.com.

NK Patent Law helps innovative startups and established technology companies protect and exploit their intellectual property assets as a competitive advantage. Practice groups include mechanical, electrical, biotech, medical devices, software, chemical, renewable energy, nuclear energy, intellectual property agreements and trademarks. NK Patent Law is committed to drafting and protecting quality claims that create value for their clients, focusing on how legal needs mesh with business demands. The firm’s experienced and enthusiastic attorneys share a high level of technology expertise and an entrepreneurial spirit, priding themselves on working with each client as a part of their company to help build success. NK Patent Law serves clients from Silicon Valley to RTP, with offices in tech-heavy Research Triangle Park and Raleigh, as well as the Wake Forest Innovation Quarter section of Winston-Salem.

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