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Glossary Term
Freedom to Operate (FTO)
Definition
Freedom to Operate (FTO) refers to the ability to develop, manufacture, and commercialize a product, such as a medical device, without infringing on the intellectual property (IP) rights of others. It involves conducting a comprehensive analysis of existing patents, trademarks, and other IP protections to assess potential legal risks and ensure compliance.
Relevance to the MedTech Industry
FTO assessments are critical in the MedTech industry to safeguard innovation while mitigating the risks of costly litigation or product recalls due to IP disputes. Ensuring FTO allows companies to confidently pursue device development, regulatory submissions, and market entry without violating third-party rights.
Additional Information & Related Terms
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