With growing technology, awareness, discoveries, and knowledge – science has also taken a sharp U-turn and has witnessed some of the greatest revolutions made in the world. These revolutions have more so revolved around the field of biomedicine. Unfortunately, with progressing times, new ailments and illnesses are also coming to the surface, and science is helping to eradicate those. It is also deeply immersed in finding a cure, treatment, or even preventative measures for existing lethal diseases, such as cancer. Cancer - in the past years - has also been a subject to more and more experimental trials by different research groups and newer radiation methods.
Amid such expansion, the key participant of the entire process has been technology. Technology has risen to be the top helper in the rapid growth of almost all industries in the world. It has permitted people to dig deeper into what they are studying and do it with efficiency. Individuals and teams working professionally on projects are not the only ones who have experienced the benefits and mere luxury of using technology, but so has the commoner. The commoner too can take advantage of technology by using high-tech stoves, ovens, cameras, and most importantly, their laptops and cell phones.
So, while it is established that the protagonist behind biotech research is technology, it must also be established that life science start-up companies involved in researching and finding helpful methods to fight diseases by using technology - should be protected. It is only lawful for biotech start-ups to protect the data of patients and workers involved. And if that is the case, then aiding them in adding protective measures is crucial. Trademarking the biotech company’s brand name and providing trademark protection would be the first and most vital step for the brand’s protection. Therefore, biotech trademarking should not be taken lightly at all.
How To Protect Trademark for Life Sciences Startups:
1. Find an Appropriate Name
Finding an appropriate name for life sciences trademarks is probably one of the most challenging tasks on hand. The title should fit a specific criterion for the benefit of your company’s prospects and popularity. You should ensure that the name is not simply describing your product, neither is it too straightforward. It must, therefore, be the perfect blend between the two to make the name sound witty – catchy to the eyes and ears, both. It should be able to stand out amongst its competitor companies and thrive through a constant threat.
2. Search for Life Sciences Trademark Classes
Picking out the trademark is only the first step of the process. If you want to apply for a life sciences trademark, then you must also look for key life sciences trademark classes to see in which class your start-up fits in well. Once that is done, then you may proceed with the whole process.
Following is a list of life sciences trademark classes for you to choose from:
i. Class 44 – Medical Information
This class is for those whose research revolves around the field of medicine. And if that is the case for some particular start-ups, then it is imperative for them to also look into this class during their search for classes.
ii. Class 10 – Medical Devices and Equipment
This class is mainly for those start-ups who delve into producing the right equipment, tools, and devices to help cure or treat ailments. A perfect example of this is prosthetics, which have significantly changed the lives of many people.
iii. Class 5 – Pharmaceuticals
Numerous life sciences companies also devote their work to producing the correct formulas to prevent, cure and treat diseases and illnesses. They are ordinarily called 'pharmaceuticals.' For them, getting a pharma trademark is essential.
iv. Class 42 – R&D of Pharmaceuticals and Medical Equipment
At times, providing services for the development of pharmaceuticals and medical equipment also counts in life sciences start-ups. So, if your company does provide these services, then you can register for this class.
3. Apply for Trademark Registration
Once you have looked into which category your life sciences start-up will fall into, the subsequent path forward is towards getting your brand registered for trademarking. At this point, you must ensure that you register in your key life sciences trademark classes.
Different countries may make you fill various applications for each class, and some may only need one application for all. Nonetheless, this is one of the actions of the process, and thorough research about the application is required.
4. Be Mindful of Trademark Monitoring
Trademark monitoring is essentially being aware of your rival brands and analyzing your traffic influx concerning those. The analysis will give you an insight on what strategies to derive and how to overcome the threatening presence of a rival. Moreover, trademarking monitoring permits you to be more cautious of potential trademark breaches.
Henceforth, once searching for classes, applying, and registration is finished, the upcoming approach is to look for ways to monitor your trademark for effectual protection.
Running a life sciences start-up is a tedious task on its own; therefore, the owners of it should be justly applauded; by providing them the right tips and guidance to protect their brand name. And this can only be offered by applying for a life sciences trademark. Therefore, dig into the world of life sciences trademark and protect your brand because both of you deserve it.