“We are on the forefront of substantial patent development as a new era of technological impetus dawns. We expect, as a succinct reflection of this progress, the PMI and PLI indices will continue their pattern of growth through the remainder of the year," said Michael Lubitz, Founder of GTT.
PORTLAND, Ore. (PRWEB) February 16, 2021
Global Technology Transfer Group, Inc. (GTT Group), a world leader in strategic patent analysis and patent transaction services, today makes available the Fourth Quarter 2020 Patent Transaction Market Report (PTMR) including the Patent Market Index (PMI®) and the Patent Licensing Index (PLI®) results.
The Fourth Quarter PMI grew substantially while remaining in the 100+ range for the 8th consecutive quarter. Michael Lubitz, Managing Director & Founder of GTT Group commented: “We are on the forefront of substantial patent development as a new era of technological impetus dawns. We expect, as a succinct reflection of this progress, the PMI and PLI indices will continue their pattern of growth through the remainder of the year.”
The PMI or Patent Market Index increased by 5.6% percent to finish the quarter at 109.1, a strong change of course after a slight contraction over the last two quarters. The current status remains significantly above PMI trading ranges of the past four years. Monitored secondary transaction volume increased by 8% in the fourth quarter, reaching a new high for the past 2 years.
The PLI or Patent Licensing index grew a massive 23% in the fourth quarter. With this significant increase, the PLI managed to outperform the return on the S&P 500 by over 50% for the whole of 2020.
Obtain a complete copy of the report through a complimentary subscription to the PTMR. gttgrp.com/ptmr
GTT Group makes this information available as a courtesy to the community.
About the PTMR
For more than a decade, GTT Group’s Patent Transaction Market Report has been providing subscribers key data on the health of the patent marketplace. Within the Patent Transaction Market Report, you will find the industry’s benchmark indexes and forecasting that are essential to understanding the current market and planning for the future. The quarterly report includes a detailed breakdown of the PMI® (Patent Market Index), showcasing the market’s overall health and trends. The report highlights notable transactions, including applicable technical areas and the most active buyers and sellers. The report compares the ROI for publicly traded licensing companies in aggregate vs. the S&P 500 via the PLI® (Patent Licensing Index). The quarterly report also provides insight regarding recent filing trends in emerging and disruptive technology areas.
About the PMI® and PLI®
The Patent Market Index (PMI®) tracks patent transaction activity and is reported quarterly in the Patent Transaction Market Report (PTMR). The Patent Licensing Index (PLI®) tracks publicly traded patent licensing companies and is also reported quarterly in the PTMR.
About Global Technology Transfer Group, Inc.
Global Technology Transfer Group, Inc. is a patent transaction advisory & consultancy firm. GTT Group combines core competencies in patent analysis, valuation, and market knowledge to deliver unparalleled results. The company’s corporate headquarters are in Portland, Oregon.
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