Forecasting EP Validation costs in IP Forecaster is a quick and easy process. These forecasts can be Saved, Emailed, and/or Exported for later use or distribution to team members or clients to review.
Let’s create a forecast for EP Validation costs in Germany, Ireland, Norway, and the UK for an application with 5 total claims, 1 independent claim, and 40 total pages.
- From your Homepage at the top under Create New Forecast, simply click the button labeled “Patent”. This will take you directly to the Patent Forecast Request screen.
- From the Patent Forecast Request screen, select your Starting Point of European Patent Organisation (EPO). You can use type-ahead to narrow the list and either arrow to your selection and hit the enter key or click on the country to select it. Now the system has loaded the additional questions needed for your forecast below.
- Under Select states for national validation, select Germany, Ireland, Norway, and United Kingdom. You can use type-ahead to narrow the list and either arrow to your selection and hit the enter key or click on the country to add it to the list.
- For Filing Route, let’s click the dropdown and select EPC Traditional.
- Under the Application Details tab, enter 5 for Total Claims, 1 for Independent Claims, and 40 for pages.
- In Settings (right side of screen), click on the toggle for Include Initial Application. This will remove the fees for the EPO filing in your forecast results.
- Additionally, you will see the options for individual phase selection. In this case, you can take the defaults. This will ensure your forecast results will only be for EP Validation costs in the countries selected.
- Lastly, click on the Translation Optimizer tab and enter either the Number of pages or Number of words for claims translation costs. The system will use either with a default of 300 words per page if you enter just pages.
- Now, click on the Create Forecast button at the bottom to generate your results.
- Congratulations! You have just completed an EP Validation forecast. The results generate with a grand total amount as well as totals for each country. Clicking on the arrow by the country and EP Validation phase allows you to expand those sections for more details.
- If you need to make changes, simply click on the Edit button at the bottom to be taken back to the parameters screen.
- You can also export and/or email the results in Word, Excel, and PDF formats.
If you need any additional assistance, please contact us at hello@prokurio.com, and we’ll get you the answers you need!
