Experienced Patent Brokerage for High-Value Innovations
PraxisIP is a patent brokerage company headquartered in Lexington, Kentucky. We represent inventors, businesses, patent owners, and buyers in selling, acquiring, and licensing intellectual property. We focus on medical technology, biotechnology, agriculture, and defense, where specialized innovations require informed evaluation, targeted outreach, and experienced transaction support.
PraxisIP draws upon the commercial experience of its parent company, Praxis Innovations, which has marketed consumer and OEM innovations for more than twenty years. This practical background enables us to evaluate, position, and present technologies effectively. Whether selling a patent, acquiring strategic intellectual property, licensing a portfolio, or finding a commercialization partner,
PraxisIP provides dedicated representation from initial review through negotiation and closing.
Patent Brokerage Services
Selling Patents
PraxisIP helps patent owners pursue competitive value while addressing appropriate seller requirements concerning prospective buyers, transaction terms, industry sectors, confidentiality, and strategic objectives.
Buying Patents
PraxisIP helps clients expand their patent portfolios through strategic acquisitions. Patents may support cross-licensing, litigation, freedom to operate, market growth, or stronger competitive positioning.
About Us
PraxisIP represents patent owners and buyers in the sale, acquisition, and licensing of intellectual property.
We focus on medical technology, biotechnology, agriculture, and defense, combining practical commercial experience with targeted outreach and dedicated transaction support.
Our success is built upon trusted relationships, effective representation, and clients who return for additional transactions.
We work on a success-fee-only basis.
Fee Structure
PraxisIP structures its compensation to fit the transaction and the client's needs. Before work begins, we define the brokerage scope, responsibilities, expected expenses, and applicable fees. Our objective is a clear commercial arrangement that aligns our work with the successful sale, purchase, licensing, or placement of the intellectual property.
Our Clients
PraxisIP represents inventors, businesses, patent owners, and buyers seeking to sell, acquire, license, or commercialize intellectual property. We primarily serve clients working in medical technology, biotechnology, agriculture, and defense. Supported by more than twenty years of commercialization experience through Praxis Innovations, we provide informed evaluation, targeted outreach, and dedicated transaction support from initial review through closing.
Sectors of Interest
PraxisIP works with innovations across consumer products, manufacturing, aerospace, defense, medical devices, agriculture, materials, electronics, software, energy, transportation, and other technical fields. Praxis Innovations has marketed more than 100 consumer-based products and dozens of OEM products used in many industries, giving our brokerage practical experience with both end-user markets and business-to-business applications.
Contact PraxisIP
When you are considering the sale, purchase, or licensing of a patent, PraxisIP provides experienced brokerage representation and a practical route to market. We begin by understanding the patent, the business objective, the relevant industry, and the most likely sources of value. We then prepare the opportunity for presentation, identify and approach qualified prospects, manage communications, and support negotiations through completion. Our work can address a single patent, a related family, or a broader portfolio spanning multiple products and technical fields.
Our connection to Praxis Innovations strengthens that process with more than two decades of innovation marketing experience. Having helped bring more than 100 consumer-based products and dozens of OEM products into commercial channels, the Praxis team understands that a patent must be presented as more than a legal asset. It must be connected to a credible market need, a workable application, and the right commercial audience. PraxisIP applies that perspective to help clients pursue informed, professionally managed patent transactions.