Mathieu Boilard, is the co-founder of Nasci Biologie Médicale, a medical laboratory specialized in male fertility in Longueuil, Quebec. They invent new ways to detect human semen anomalies that are undetectable through classical analysis. This research on male fertility requires a rigorous management of intellectual property. For innovative entrepreneurs who wish to protect their inventions, Mathieu offers this advice:
The application for patent and the description of your invention becomes public 18 months after you filed your application. If you obtain a patent for your invention, you will keep its monopoly. If you abandon your application for patent after it has been published, your secret is then out of the bag and the invention can be used by anyone, without having to pay you anything. This is why you need to carefully choose your strategy: secrecy or the initiation of the patent process.
If you innovate, it is critical to hire a competent patent agent who understands your domain of expertise in order not to lose great opportunities to grow your ideas. A patent agent will help you choose the best strategy for you.