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Member Articles Member Articles Patent Reform Act | Patent Reform Act |
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Many of you may have heard about the Patent Reform legislation which is pending in the U.S. Congress. As it stands, the House of Representatives has already passed one version of the act, and the Senate has the act in Committee. There are a number of significant changes proposed of which all businesses and individual inventors should be aware. The most fundamental being a change from the current "First to Invent" system to a "First to File" system. If implemented, this will have a dramatic affect on the U.S. Patent System. Also proposed is changes to the 12 month "grace period" which our current system employs. In short, under the current system, an inventor has a 12 month period in which they can offer to sell, use, and/or disclose their invention and still be able to secure patent protection. Changes to this "grace period" will significantly change the planning strategies of U.S. inventors. If you are interested in more information, you are encouraged to visit the United Inventors Association website at www.uiausa.com which has a nice breakdown of the proposed changes. As always, feel free to contact my firm at contact@demayconsulting.com if you have questions. David M. DeMay Patent Attorney DeMay Consulting, LLC.                     |
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