{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Medtech Innovation Podcast","title":"How to save money on patents","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/3d41eae4\"></iframe>","width":"100%","height":180,"duration":2897,"description":"I'm joined by John Behles, Owner at Lexigent LLC and Founder & GP at PhiCAP Fund, as we explore the critical role of intellectual property strategy in medtech success, common IP pitfalls that destroy startup valuations, and how physician-led venture capital is reshaping healthcare investing.In this episode, we dive deep into:The IP Strategy Foundation → Why doing your own prior art research makes you a more sophisticated founder → The critical difference between landscape opinions, FTO studies, and patentability searches → How to create a comprehensive IP strategy before you ever file a patentThe Gold Standard IP Timeline → Why smart founders do FTO studies before product development even begins → The sliding scale approach: when simple DME products don't need comprehensive IP protection → How to avoid the \"caveman approach\" of filing patents without strategyPatent vs. Trade Secret Strategy → When black box technologies should stay trade secret instead of being patented → How one cybersecurity company got a $50M valuation through trade secret strategy → Why software patents face court hostility and abstract rejectionsInternational Patent Protection → The counterintuitive advantages of filing PCT first instead of US provisional → How to get your patent allowed in 4-6 months using Patent Prosecution Highway → Why Track One applications are often a waste of $2,000Licensing Deal Negotiation Landmines → Why \"net royalty\" rates will destroy your economics (hint: $3 left from $1,000 revenue) → The power of floor pricing and volume-based escalators → How warranties and indemnification clauses can bankrupt startupsPatent Examiner Psychology → Why adversarial patent attorneys hurt your chances of getting patents allowed → The relationship-first approach that dramatically improves patent prosecution success → How to conduct interviews that actually move your case forwardThe Physician-Led Venture Revolution → How PhiCAP Fund enables physicians to be their own private...","thumbnail_url":"https://img.transistorcdn.com/SKJTlzh1Dih_UjWAMpaf9asEOJluhYL_CM3FATuVvVc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yM2U1/NjA3NjAzY2M1NDA0/ZDZkYTRiY2Y3Mjky/MTRmNi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}