Report Finds Average US Patent Cost US$ 374,000 In 2012 12/02/2013 by Intellectual Property Watch 2 Comments Print This Post By Kelly Burke for Intellectual Property Watch A new quarterly report on patent sales by technology shows that in 2012 the median price paid for issued US patents was US$ 221,000, while the average price paid was US$ 374,000. The first annual Patent Value Quotient (PVQ), created by an IP services firm called IPOfferings LLC and introduced in November 2012, initially reported only the patent transactions for the first three quarters of 2012. The report has since been updated to include 35 major patent transactions for the full 2012 calendar year. Patent valuation can be difficult to calculate. Each PVQ report includes the seller and buyer of the portfolio (unless they requested that they be anonymous), the technology of the patents, the number of issued US patents, and the “quotient”, which is derived when the total transaction is divided by the number of issued US patents, according to an IPOfferings press release [doc]. Transactions reported in the PVQ come from publicly announced sales or acquisitions, and those reported to IPOfferings by patent brokers, patent auctions, parties to a transaction, and other sources. A full download of the report is available here [pdf]. Related Articles: Report: Core Patent Holdings By Nokia, Other Faded Telecoms, May Lead To Increased Litigation European Patent Office Reports Record Patent Filings In 2012 Report Finds Stronger Regulation Spurs Chemical Innovation "Report Finds Average US Patent Cost US$ 374,000 In 2012" by Intellectual Property Watch is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.