Law360, New York (November 17, 2008, 12:00 AM EST) -- Nanotechnology presents enormous promise and incredible revenue potential. The National Science Foundation estimates that the annual global market for nano-related goods and services will exceed $1 trillion by 2015, and other reports provide even higher estimates. Looking to realize this financial potential, nanotech-related research and development expenditures exceeded $13 billion in 2007, according to Lux Research.
But this emerging technology juggernaut could be sidelined by one of the very things that supports its financial potential: patents.
The “nano” patent field is growing at a rapid pace,...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.