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«The number of patent filings made to the European Patent Office (EPO) in 2021 rose by 4.5%, with healthcare technology being one of the main areas of growth. Despite this, a lack of intellectual property (IP) awareness and understanding among medtech start-ups could mean they are missing out on opportunities to secure a stake in this fast-developing market.»

«The medtech sector is booming and growing investor interest is supporting the development of early-stage companies, including seed businesses and start-ups. With the funding in place to fast-track their innovation programmes and scale up quickly, there is a risk that intellectual property considerations are not being prioritised early enough. This could leave the door open for competitors to copy their innovations on route to market, potentially getting there first, and obtaining IP that jeopardises their freedom to operate.»

Article written by Harry Strange, Bethan Halliwell



Med-Tech Innovation News