For most biotechnology and pharmaceutical companies, Intellectual Property (IP) is the solid foundation on which the business is built. But when was the last time that you reviewed your IP assets? Elaine Eggington at IP Pragmatics discusses how an IP audit is a valuable tool to look at each potential area of IP, including patent s, trade marks, copyright, branding and confidential know-how (trade secrets) to ensure that they are being identified and managed correctly.