Sagacious IP: Delivering IP Consulting and Research Services Globally

In recent years, India has done exceedingly well in the IP domain and as a result the overall IP regime of the country has entered a new league now. The implementation of objectives of first National IPR policy released in 2016 has led towards increased awareness about IP among the public at large, better administration along with speedy disposal of the matters in IP offices and special courts to deliver timely justice to the aggrieved parties. As a stakeholder, IP firms have also contributed in this direction by providing appropriate IP solutions and services to the inventors, entrepreneurs and other IP creators.

One such firm showcasing its expertise in the IP domain is Sagacious IP. Established in 2008, this leading global firm is headquartered at Gurgaon, India with offices in USA, UK, Canada, Netherlands, China and Japan. Sagacious is an award-winning IP consulting and research firm offering innovative solutions and services to the global innovator community.

The firm has been successfully solving business challenges for Fortune 500 companies, IP Law firms, inventors, universities, start-ups, MSMEs and patent licensing companies. With clients spanning over 45 countries, the firm has delivered over 12,500 projects in more than six languages. Since its inception, Sagacious has witnessed constant organic growth owing to it’s wide clientele and a world-class in-house team of 300 plus IP professionals.

The Dedicated Frontrunner

Vivek Singh who is leading the IP Drafting, Filing and Prosecution practice at Sagacious IP is an IP Attorney and a Patent Agent with Techno-Legal and business background. He has done Masters in Pharmacy (M. Pharm) from ‘Jamia Hamdard University’ and LLB from ‘Delhi University’. He has diverse work experience and knowledge of various IP domains like IP Prosecution, Strategy, Litigation, Searches, Public Policy & Govt. affairs, and so on.

Vivek has also served as a Deputy Director-IPR, FICCI. He has also worked with organisations like Ranbaxy in the R&D and in-house IP Teams besides being founder of a Start-up acquired by 1MG. Recently, he was featured in the IAM’s list of ‘World’s Leading Patent Professionals 2019’ for his well-deserved endeavours in the field of IP.

Distinct Offerings

The firm provides a wide variety of services for the entire IP life cycle. It assists clients in Developing, Creating, Identifying, Protecting, Maintaining, Enforcing and Monetizing their IP rights.

Furthermore, it offers its services to many of the world’s largest law firms, companies and other institutions to help them defend and strategize their IP enforcement activities. The firm also provides information to the clients to ensure they lead innovation in their industry domain and optimally utilize their IP budgets.

The core services include:

• Global patent search, information and analytics
• Patent portfolio management
• Patent acquisition, monetization, and licensing
• R&D and Innovation management
• IP drafting, filing and prosecution
• Technology scouting and in-sourcing
• Patent docketing and paralegal

Opinion on recent Developments, Digitization and use of technology by IP offices and courts     

The e-filing platforms have revolutionised the earlier manual process where a lot of resources and time of the firms and attorneys was being exhausted. According to the firm, the digitization initiatives by the IP offices and courts have made it convenient to access the information from anywhere in the world. Courts have now even come up with the mobile apps.

In India, earlier it used to take at least 5-10 years to get a patent granted or rejected but now patents have been granted in a record time of just 4-5 months and Trademarks too are being registered in just 5-6 months of time.

According to the team “The introduction of e-filings and video conferencing etc., at IP offices has made IP filings and prosecution faster, extremely convenient and economical with easy access from around the world”. Today, as soon an objection or order is issued by the IP offices, the same is communicated to the concerned party via emails and/or SMS almost immediately.

Words of Advice

The firm believes that awareness about IP and its value is increasing significantly over the years. In the current scenario, every start-up and entrepreneur should thrive to become IP savvy. “A start-up must consider filing trademark applications for its important brand(s), product(s) or service(s) and patent application(s) to protect the invention and technology behind it,” adds team. It also emphasizes on design and copyright protection.

“If ignored at the beginning, a start-up may suffer at a later stage while expanding. I have seen many cases where start-ups faced difficulties because of their ignorance towards protecting and enforcing their most valuable assets ie. IPRs on time. A brand or product is a promise to the customers and its reputation is critical for the success of the business. That’s why IP creators should be vigilant about IP rights and should protect and enforce their IP rights timely and efficiently” adds Vivek.

The Future Horizon

Sagacious always keeps customer’s interest at the forefront. Accordingly, it carries out changes after calculating customer sentiments and engaging them proactively to drive innovation in its offerings and services. Company is in the process of introducing a ‘Customer Advisory Board’ that aims to focus on guiding its next set of products and services based on their inputs. Company also plans to introduce new projects almost every year, with the objective of creating a complete ecosystem that offers end-to-end IP solutions.