Introduction
We present here some results of a study on U.S. listed companies in the healthcare sector (Nasdaq, NYSE and Amex) based on their patent activity based on PCT (Patent Cooperation Treaty) patent applications administered by the World Intellectual Property Office (WIPO). We have shown that:
- Companies filing PCT patents fare better than the ones which don’t.
- Models relying on PCT patent applications translate into forward looking innovation and strong market outperformance versus current methods relying on granted patents (past innovation). This is evidence of the strength of patent dynamics with the identification of patent