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LexisNexis Reaches Critical Milestone In Asian Patent Collections

Stocks in this article: ENL RUK

LexisNexis® Legal & Professional, a leading global provider of content and technology solutions, today announced it has added more than one million English-language full text patents from Taiwan to its award winning LexisNexis ® TotalPatent ® service. Together with patent content already available from China, South Korea, India and Japan, LexisNexis offers the most comprehensive resource for Asian patent information in English with 25 million full text records now available.

LexisNexis TotalPatent is a searchable, full-text database that offers enhanced first-level patent data from around the world in a single source – enabling IP professionals to quickly and confidently research and analyze patent data to protect intellectual property, develop assets, understand competitors and more.

“Creating an authoritative full text collection of Asian patents in English through TotalPatent has been a major objective for LexisNexis,” said Richard Garner, product director at LexisNexis responsible for IP research solutions. “With the addition of Taiwanese data, we’re pleased to offer global IP professionals the most complete set of Asian patents so they can confidently find, review and act on patent information in the rapidly growing and critically important Asian markets.”

Asia, one of the fastest growing regions in economic terms, is now also the source of more patent filings annually than any other region of the world 1, according to data from the world’s largest five intellectual property offices called IP5. Additionally, according to data from the World Intellectual Property Organization (WIPO), in 2011 China overtook the US as the largest filer of patent applications – having previously surpassed traditional giants like Japan, S Korea and Europe. 2 And, in 2012 patents filed from China accounted for more than one third of patents filed by the IP5 offices. 3

“What’s remarkable is that China achieved this position not over a couple of centuries but in little less than a decade,” said Garner. “Meanwhile, patent filings in other markets such as South Korea, India and Taiwan continue to grow at a healthy pace, making access to and easy understanding of full text patents from these nations a fundamental need for IP professionals.”

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