The search for a vaccine for the COVID-19 strain of coronavirus has put the spotlight once again on the innovative pharmaceuticals sector. As pharmaceutical companies and innovators across the globe work diligently on a vaccine, many of these companies may be looking to protect their innovation. While patents have many benefits, in the face of a global health emergency, there are some key factors innovators should consider.
Timeline for Patent Registration
Patents can provide broad protection for invention and innovation. They can also create a significant advantage in the marketplace. However, patent registration takes time and may require significant resources. According to the United States Patent and Trademark Office (USPTO), on average, it takes approximately 22 months to get patent approval. This period may be shortened by taking advantage of one of the USPTO’s accelerated examination procedures and may be shortened by utilizing the USPTO prioritized examination option, where a final decision on patentability is made within 12 months from the filing date of the patent application. …
Continue Reading The Race for a COVID-19 Vaccine is On: Key Factors May Impact Patent Protection
On April 28, 2020, the United States Patent and Trademark Office (USPTO) announced a new extension of certain submissions and fees under the Coronavirus Aid, Relief, and Economic Security Act…
Continue Reading USPTO Announces Extensions Under CARES Act
On March 31, 2020, the United States Patent and Trademark Office (USPTO) announced extension of certain submissions and fees under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)…
Continue Reading USPTO Announces Possible Extensions Under CARES Act
Most of us know that DATA, the beloved android from Star Trek, The Next Generation, is an artificial intelligence (AI) life form from the distant future with a high capacity to problem solve and innovate. But, if DATA were present today and invented a new technology, could he be an inventor on a patent for his invention?
The question of whether AI can legally be an inventor on a patent was recently addressed by the European Patent Office (EPO) and The United Kingdom Intellectual Property Office (UKIPO). The same question is still being evaluated by U.S. Patent and Trademark Office (USPTO) along with solicitation for comments to the patent community.
Continue Reading Could Star Trek’s DATA Be a Patent Inventor?
On Dec. 19, 2019, the Original Grant Patent (OGP) system will launch in Hong Kong Special Administrative Region (SAR). This new system will provide patent applicants an alternate path for…
Continue Reading Hong Kong Original Grant Patent (OGP) System to Launch Dec. 19
The patent system in Singapore makes a revolutionary change starting Jan. 1, 2020.
Patent applications filed in Singapore on or before Dec. 31, 2019, can still enjoy the current supplementary…
Continue Reading Singapore’s Revised Patent System Starts Jan. 1, 2020
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Continue Reading Demystifying Legal Diligence in Tech Deals
Companies across many different industries are starting to look toward blockchain technology as a way to conduct business more effectively, efficiently, and securely. As a result, there are new blockchain technology startups and strategic partnerships being established at break-neck speed. And, like any burgeoning industry, there seem to be new innovations introduced almost every day.
Continue Reading Will Patent Sharing Organizations Boost Blockchain Innovation?
November was National Entrepreneurship Month in celebration of the country’s innovation and entrepreneurial spirit. As we close this important awareness month, we reflected on what it takes to be a successful tech venture, and we note some of the top traits and criteria in this blog post.
Continue Reading The Five Characteristics of a Successful Tech Venture