LexisNexis Reaches Critical Milestone in Asian Patent Collections
Addition of Taiwanese patents means IP professionals globally now have access to the most comprehensive collection of Asian records with English translations
October 22, 2013 — NEW YORK – 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 world1, 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.”
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier®, LexisNexis Legal & Professional serves customers in more than 100 countries with 10,000 employees worldwide.
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1 (2012 Key IP5 Statistical Data report, Page 2, graph)
2 (WIPO Statistical Database report, 2011, Page 5)
3 (2012 Key IP5 Statistical Data report, Page 3, graph)