Just Granted: First Steps
How do I license my patent to a company?
The short answer
Identify companies whose products overlap your claims, build a short evidence-backed pitch, and approach their licensing or business-development contact directly. Deals typically take one of two shapes: about 41% of licenses use a running royalty on sales, while 34% are structured as lump-sum payments.
The full picture
The sequence that works: map the market (who sells products your claims cover), quantify why your patent matters to each target, approach the right contact with a tailored one-pager, then negotiate term, royalty structure, exclusivity, minimums, and audit rights — with a qualified attorney drafting the final agreement.
Where most owners stall is the first step: the target list. It's usually shorter and more surprising than expected — five right-fit companies beat five hundred random ones. Building that list for a specific patent is something we do regularly, and it's a natural place to start a conversation.
Where does your patent stand?
The Beyond the Patent Commercialization Score answers that — a professional, factor-by-factor read on your patent's licensing, sale, build, and partner potential.
Related questions
General information for patent owners — not legal advice. Read the disclaimer.