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LIFESCIENCELEADER.COM MARCH 2014 74 INDUSTRY LEADER insights Matthias Steiert is cofounder of Afaf Translations specializing in language services to the pharmaceutical industry. He holds a Ph.D. in biochemistry from the University of Basel, Switzerland. ing productivity. The automated use of those terminology lists greatly contrib- utes to the linguistic quality of the proj- ect by helping translators be more con- sistent not only within one project, but also from one project to another. Moreover, translation memory technol- ogy aids the preservation of formatting codes and layout information, reducing the time a desktop publisher needs to ensure that the translated document looks like the source document. When skillful translators use this technology, their clients reap the benefits of a more accurate translation. STREAMLINING TRANSLATION SERVICES Often, companies don't want to sep- arate patent translation from patent filing. They want a more streamlined process that includes one — preferably smaller — invoice and less of a work- load for internal staff. Consequently, some translation companies are now subcontracting with patent agents who take care of the filing. The translation industry is not done evolving; new challenges are already on the horizon. Patent offices around the world are trying to find ways to make patent filing less expensive and more efficient. This has led to the London Agreement. Under this agree- ment, companies in certain European countries are allowed to file patents in English. This agreement has resulted in decreased patent filing costs. Although similar agreements could spread to other countries, it took more than 10 years for the London Agreement to become a reality, and there are still many European countries, such as Spain and Italy, that are not willing to relinquish their rights to require pat- ents in their own language. L patents being filed every day, companies need to find an efficient and cost- effective way to assure quality and quick turnaround of the patent application/ translation process. IMPROVED TRANSLATION TECHNOLOGY = SAVINGS By improving technology that helps the translators do their work, patents can be turned around faster. One significant source of savings stems from technol- ogy that enables translation companies to charge less based on repeated text. At first glance, the idea that repeated text is a notable factor in the cost of patent translation may seem irrelevant. After all, inventions are supposed to be unique. One might guess that the text supporting the patent would be as unique as the invention itself, making cost savings from repeated text mar- ginal. However, since companies fre- quently file multiple patents pertaining to the same industry or product area, these filings often use similar word- ing. Patents also have boilerplate state- ments, meaning there is some repeat- ed text. Even if previously translated material comprises only a small frac- tion of the translation, those fractions add up to a substantial amount, espe- cially for translation projects that can cost millions of dollars. Translation technology is useful not only for improving cost efficiency, but also for managing terminology. Proper management allows for the consistent use of correct terminology by all trans- lators, enabling many people to work on a project and still maintain the same degree of accuracy. During translation, technology can pull terminology from predefined lists and present these trans- lated terms to translators, thus improv- How Patent Translation Can Affect Your Bottom Line M A T T H I A S S T E I E R T O n average, more than 750 patents are granted each day, or about one patent every 2 minutes, and of those, more than half are of non-U.S. origin. The number of U.S. patents grant- ed to foreign inventors has increased by nearly 10 percent per year during the past two decades. Every country has different patent laws and patent application requirements, so inventors must apply for a separate patent in every country in which they intend to make, use, or sell their product, or simply to maintain IP protection. The World Intellectual Property Organization (WIPO) reports that in 2012 global pat- ent filings increased at their strongest rate in nearly two decades — growing at 9.2 percent. China topped the ranking for both the source (filings by China) and destination (filed in China) for the four types of IP (copyrights, trademarks, patents, and trade secrets). Since many patents these days are filed in many countries, they need to be translated. With more than 5,000 HOW PATENT TRANSLATION CAN AFFECT YOUR BOTTOM LINE By M. Steiert 0 3 1 4 _ I n d u s t r y _ L e a d e r . i n d d 1 0314_Industry_Leader.indd 1 2 / 1 9 / 2 0 1 4 2 : 4 8 : 0 1 P M 2/19/2014 2:48:01 PM