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From Lightbulbs to Billions: The Incredible Power of Patents

By Babak Akhlaghi on July 7, 2023.

Are you curious about the power of patents? In this video, we’ll explore how patent damage awards can reach jaw-dropping amounts. Take a look at the five largest patent damage awards in 2022: you won’t believe what they totaled!

About the Author

Babak Akhlaghi is a registered patent attorney and the Managing Director at NovoTech Patent Firm, where he assists inventors in protecting and monetizing their inventions. He is also a co-author of the "Patent Applications Handbook," which has been updated and published annually by West Publications (Clark Boardman Division) since 1992. Additionally, Babak is a former adjunct faculty member at the University of Maryland, where he taught legal aspects of entrepreneurship. One of his notable achievements includes successfully prosecuting a patent application for a startup, resulting in licensing fees totalling over a hundred million dollars.

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