Creating a successful patent strategy
Jacobs School Alumnus Featured on 'World Business Monitor'
If you are flying on United or American this summer, you may want to check out the in-flight audio entertainment for an interview with Faffi Moazzam, Jacobs School bioengineering alumnus and patent attorney. Moazzam, along with Jimmy Carter, Madeleine Albright, Casper Weinberger and others, are part of Steve Forbes' show, World Business Monitor: Successful Business and Legal Strategies in the International Marketplace.
Moazzam says that the wrong patent strategy can ruin even the strongest and most innovative companies. "The best way to create a successful intellectual property (IP) portfolio is to first understand the short- and long-term goals of the company. For example, if a company wants to corner the market on a medical device, then that strategy should be kept in mind during the early prosecution stage of each of the patents," said Moazzam. "It is important to keep in mind that there is no international patent that can be asserted in all countries, so a company should include patents from the U.S. and all foreign countries that it desires to do business in."
Moazzam, who earned his M.S. and Ph.D. at UCSD, says he was first turned on to the field of patent law by an attorney he met while at UCSD: "I knew immediately that this was the career for me. I would have the opportunity to learn about exciting technology, and help people like professors gain some financial reward for all of their hard work in the lab."
After completing his engineering training, Moazzam earned a law degree at George Mason University School of Law at the same time he gained experience as a patent examiner in the U.S. Patent & Trademark office. He spent several years working at two large intellectual property firms, and this year, struck out on his own with his partner, Matthew Latimer. While based in Northern Virginia, the firm serves clients across the country and world, including San Francisco, and is now expanding into San Diego.
Moazzam says he is impressed with the von Liebig Center for Entrepreneurism and Technology Advancement at the Jacobs School: "To offer something at such a huge scale and on such a friendly basis to the professors is just tremendous; it is filling an important gap."
If you can't wait for your next flight to hear Moazzam's advice, you can listen to the interview by visiting his website at www.moazzamlaw.com.