- 4,000+projects delivered
- 70+clients
- 12+years in practice
- 6 yrsaverage engineer experience
That value has an impact on your R&D activities, strengthens your intellectual property rights, and improves revenue, stock performance, and reputation.
When Is It Needed?
- When operations involve patent transactions, such as licensing, sales, and purchases
- Enforcement of patents
- Evaluating R&D expenditures
- IP internal audits
- Financial disclosure
- IP asset insurance
- Liquidation
- Taxation
Why Synoptic IP?
- We offer flexible methodologies for patent valuation in any technology
- Ability to choose the right value indicator based on the patent’s technology
- Using thoroughly researched data, we derive a significant value
- We assess patents for emerging technology
- We complete projects quickly, accurately, and inexpensively (1/4th of usual market rates)
- We have worked with reputable brokers in the past
Client TestimonialsWords From Our Clients
Verified LinkedIn reviews and client correspondence from patent attorneys and in-house IP teams who come back to us project after project.
LinkedIn review ★★★★★I used Synoptic for a validity search and was pleased with the results. The rates were highly competitive, the deliverable was on time, and the results were as good as (if not better than) other searches I’ve used.
Erin J. FoxIntellectual Property Counsel · ITWPublic & verifiedLinkedIn review
★★★★★Ankit did a very thorough and professional job on a claim chart assignment for us. He showed great perseverance when things got difficult and was able to get the job done. I would work with him again.
Eric BrownIP Consultant · Building Viable Licensing ProgramsPublic & verified
Client email ★★★★★Thank you — the search was quite helpful. We’ll have your invoice processed promptly.
QBPatent AttorneyQuarles & Brady · Client since 2018Name withheld
Client email ★★★★★Thank you for your work on this matter. We were pleased with the search and will consider you for future searches.
MGPatent AttorneyMerchant & Gould · Client since 2018Name withheld
Client email ★★★★★We were very pleased with the patentability and FTO report that you produced for us back in November 2024.
FBClient ContactFrontierBio · Client since 2024Name withheld
Frequently Asked Questions
What do you mean by patent valuation?
The method used to determine the actual market value of a patent or patent portfolio is known as “patent valuation.” When negotiating agreements involving patent licensing, sales, mergers, or acquisitions, businesses or inventors must do patent valuation.
Who needs a patent valuation?
Any company or organisation seeking a licence, M&A, portfolio sales, or investments must have the portfolio assessed to obtain the highest possible value.
How is a patent’s value determined?
Three basic approaches — the market approach, the revenue approach, and the cost approach — can be used to perform patent valuation traditionally. According to the income approach, a patent’s value is determined by the current cash flow or cost savings it will produce. While the cost approach demonstrates that the value of a patent is the replacement cost, or the amount that it will cost to replace an innovation, the market approach determines the worth of a patent as the price a potential customer will pay for a comparable good or service.
How much does an average patent evaluation cost?
The average cost of a valuation assessment for a patent in the IP sector ranges from USD 2000 to USD 6000. But at Synoptic, we employ a hybrid strategy that allows the client’s demands to be taken into account when designing the process. As a result, we can accomplish it for less than half of the industry standard per-patent cost.
Why are claims significant in patent valuation?
The applicability of a patent is determined by the claims’ scope. It aids in assessing the patent’s risk of infringement. A patent that is being infringed is far more expensive than one that is not.