Growth-stage companies bringing a new product to market often face a cruel reality. The more valuable their invention or innovation, the more likely that competitors—typically either bigger established players or foreign manufacturers—will create knockoffs, undercutting them at every turn.

Cutting-edge inventions require robust patent protection and, when those patents are infringed, aggressive defense. This is part of the business model for industrial giants in innovative fields like pharma and technology, who can afford to hire top-notch legal teams to defend valuable IP during and after product development. But for growth-stage companies, setting aside millions for legal costs is all but impossible.

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