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Published on: December 1, 2020
Competitive intelligence and patent analysis in drug discovery
Nicolas Grandjean1, Brigitte Charpiot1, Carlos Andres Pena1
1Genome and Proteome Sciences, Novartis Institutes for Biomedical Research, Basel, Switzerland.
Analyzing patent data offers valuable insights into drug discovery, revealing competitor activities and R&D trends. This review explores advanced textual analysis methods for patent exploration.
Area of Science:
- Pharmaceutical Sciences
- Intellectual Property Law
- Data Science
Background:
- Patents are a critical information source in the pharmaceutical industry.
- Analyzing patent data can uncover competitor strategies and research directions.
Purpose of the Study:
- To review the state-of-the-art in textual data analysis for patent exploration.
- To highlight the value of patent analysis in drug discovery.
Main Methods:
- Textual data analysis techniques.
- Information retrieval and exploration methods.
- Patent landscape analysis.
Main Results:
- Patent analysis provides insights into competitor activities.
- Identifies emerging research trends and fields.
- Reveals potential collaborations and partnerships.
Conclusions:
- Textual analysis of patents is essential for strategic drug discovery.
- Advanced methods enhance the extraction of valuable intelligence from patent data.
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