The average and median price paid for a US patent fell substantially in 2013, according to research released by brokerage firm IPOfferings. The Patent Value Quotient valuation method IPOfferings uses has found that the average price paid per patent last year was $220,588, with the mean price $170,000; falls of 37% and 23% respectively. But while on the face of it these are pretty hefty declines, they may not actually tell the full story of what is happening out in the market.

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