Patent literature is a hugely valuable source of novel information for life science research and business intelligence.
The wealth of knowledge disclosed in patents may not be found in other information sources, such as MEDLINE or full text journal articles.
Patent landscape reports (also known as patent mapping or IP landscaping) provide a snap-shot of the patent situation of a specific technology, and can be used to understand freedom to operate issues, to identify in- and out-licensing opportunities, to examine competitor strengths and weaknesses, or as part of a more comprehensive market analysis.
These are valuable searches, but demand advanced search and data visualization techniques, as any particular landscape reports requires examination of many hundreds or thousands of patent documents.
Innovative use of I2E resulted in a 99% efficiency gain in delivering relevant information
Patent text is unstructured; the information needed is often embedded within the body of the patent and may be scattered throughout the lengthy descriptions; and the language is often complex and designed to obfuscate.
Bristol Myers Squibb Text analytics workflow uncovers kinase assay trends
A recent paper by a team at Bristol Myers Squibb describes a novel workflow to discover trends in kinase assay technology.
The aim was to strengthen their internal kinase screening technology, with the first step being to analyze industry trends and benchmark BMS’ capabilities against other pharmaceutical companies, with key questions including: