Can a patent owner transfer their rights to someone else?
Patent owners have the inherent right to assign their patent to another party. They may also transfer the patent through succession to their heirs. Additionally, owners are permitted to conclude licensing contracts for the exploitation of the invention. These transferability rights are recognized under Section 71 Intellectual Property Code of the Philippines. “71.2. Patent owners shall also have the right to assign, or transfer by succession the patent, and to conclude licensing contracts for the same.” January 3, 2026About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
