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MATHYS MATTERS

MARCH 2024

Welcome to Mathys Matters - your monthly update from Mathys & Squire, covering all the recent intellectual property and sector news/updates throughout March! 


This month we’re shining a spotlight on data reported by the European Patent Office (EPO) regarding the uptake of Unitary Patents. 


Our latest articles throughout March include: a summary of Clarivate's Top 100 Global Innovators List 2024, commentary on the Patent Box Scheme, an International Women's Day discussion from some of our Partners, highlighting some of the female inventors and pioneers in Intellectual Property that have inspired them, and a summary of Mathys & Squire's sponsorship of the inaugural Non-Law Into Law Conference at The London School of Economics and Political Science (LSE).


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SPOTLIGHT OF THE MONTH


 Who is using the Unitary Patent System (and who is not)?  -

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Since June last year, patent proprietors have had the option of registering their European patents as Unitary Patents. Instead of having a bundle of national rights, proprietors have the option to maintain a single Unitary Patent right extending across the member states participating in the Unified Patent Court (UPC).

The primary attraction of such Unitary Patents is the lower cost for patent protection, as protection can be maintained across 17 participating member states by filing a single translation with the European Patent Office (EPO) and paying maintenance fees similar to the costs of maintaining protection in four of those countries.

In this article, Partner Nicholas Fox, Managing Associate Laura Clews, and Technical Assistant Christopher Ashcroft discuss the EPO's findings regarding the uptake of Unitary Patents, focusing on the technology fields where the greatest numbers of Unitary Patents have been granted and the patent proprietors owning the greatest numbers of Unitary Patents.


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OUR LATEST ARTICLES

Data reports - Newsletter

Electronics and computing businesses lead Clarivate’s Top 100 Global Innovators 2024 list

19 March 2024


Clarivate has issued its list for the Top 100 Global Innovators, 2024, which highlights the companies and research institutions that invest heavily into innovation, allowing them to act as a driving force in shaping their industries. Institutions are ranked by their international presence and the strength of their inventions. In this article, Partner James Pitchford summarises the key findings of the report, and discusses how larger contributions made by smaller enterprises towards innovation may affect the patent landscape.


Read the article here

HMRC

Businesses save record amount of corporation tax through Patent Box scheme – £1.4 billion in relief in just a year

12 March 2024 


The amount of tax saved by businesses through HM Revenue & Customs’ Patent Box scheme has increased by 23% over the last five years, from £1.14 billion in 2017/18 to £1.4 billion in 2021/22. Commentary by Partner Max Thoma has been featured in Accountancy Age, ITR (International Tax Review) and WIPR - World IP Review, discussing how making the Patent Box relief more generous would act as an incentive for domestic firms to invest more in research and development.


Read the article here

Womens Day

Mathys & Squire Partners celebrate women pioneers and inventors

08 March 2024 


This year for International Women's Day, we asked a few of our Partners to highlight some of the inspiring female inventors and pioneers that have had a lasting impact on intellectual property (IP). In this article, Partners Jane Clark, Helen Cawley, Caroline Warren and Dani Kramer outline the incredible careers and legacies of Sheila Lesley, Kathi Vidal, Anna Connelly and Grace Hopper.


Read the article here

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Mathys & Squire sponsors the inaugural Non-Law into Law Conference

07 March 2024


On 6 March, Mathys & Squire sponsored the inaugural Non-Law Into Law Conference at The London School of Economics and Political Science (LSE). Partner James Pitchford and Technical Assistants Annabelle Carver and Louis Brosnan attended and were involved in running a workshop and participating in a panel discussion.


Read the article here

March 2024 footer

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