Medical Start-Up Finds Innovative Way to Trim International Patent Filing Cost using PowerPatent Software

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Medical start-up reduces international patent costs by using ProvisionalBuilder to generate a high quality patent application that could be used almost ‘as is’ when the company filed internationally and in the US.

PowerPatent develops tools that provide a cost-efficient framework for inventors to participate in the IP system and be recognized and rewarded for their ingenuity.

Using ProvisionalBuilder as a key part of our patent workflow helped us reduce time-to-patenting, cut cost significantly, and improve our quality since inventors are directly involved in the drafting process.
Dr. Phi Nguyen, CEO of MIBA Medical Inc.

MIBA Medical Inc. (MIBA) announced that it has applied for international patent protection using a provisional patent application completed with PowerPatent's ProvisionalBuilder®.

Dr. Phi Nguyen, CEO of MIBA, noted that “ProvisionalBuilder allowed us to build a high quality patent application that could be used almost ‘as is’ when we filed internationally under the auspices of the Patent Cooperation Treaty (PCT). Our patent attorney only needed to add a set of claims to the provisional application and then submit the international application to the World Intellectual Property Organization (WIPO) with the USPTO as the Receiving Office. Using ProvisionalBuilder as a key part of our patent workflow solution helped us reduce time-to-patenting, cut cost significantly, and improve our quality since inventors are directly involved in the drafting process.”

The PCT allows an inventor to file a single application that can later be examined in multiple PCT member states which represent most of the major industrial countries of the world. Using ProvisionalBuilder, MIBA prepared and filed high quality provisional patent applications that preserve the priority of invention without losing patent term. With minimal extra work, MIBA was able to use the same work to prepare its international application and corresponding utility patent application.

“As the patent workflow software leader, PowerPatent is excited to bring ProvisionalBuilder® to innovative companies and inventors,” said Bao Tran, CEO of PowerPatent. “PowerPatent aims to revolutionize how inventors and entrepreneurs engage with ideas and information. We are pleased to be part of MIBA’s patent work flow process that results in high quality patent applications with quick turn-around.”

About PowerPatent
PowerPatent Inc. is a privately-held software applications company headquartered in Silicon Valley. Our company’s products are designed and developed by a team of legal, software, user experience, and Web design professionals. Our mission is to democratize the intellectual property (IP) ecosystem. Our tools provide a cost-efficient framework for inventors and entrepreneurs to participate in the IP system and be recognized and rewarded for their ingenuity. For more information, visit http://www.powerpatent.com, follow us @powerpatent on Twitter, and like us on Facebook.

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