Showing posts with label patent applicants. Show all posts
Showing posts with label patent applicants. Show all posts

Tuesday, August 27, 2024

World Intellectual Property Organization Adopts Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge; WilmerHale, August 26, 2024

"Following nearly twenty-five years of negotiations, members of the World Intellectual Property Organization (WIPO) recently adopted a treaty implementing the new requirement for international patent applicants to disclose in their applications any Indigenous Peoples and/or communities that provided traditional knowledge on which the applicant drew in creating the invention sought to be patented.1 The treaty was adopted at WIPO’s “Diplomatic Conference to Conclude an International Legal Instrument Relating to Intellectual Property, Genetic Resources, and Traditional Knowledge Associated with Genetic Resources,” which was held May 13–24.2 The goal of the treaty, known as the WIPO Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge, is to “prevent patents from being granted erroneously for inventions that are not novel or inventive with regard to genetic resources and traditional knowledge associated with genetic resources.”3 This treaty—the first treaty of its kind, linking intellectual property and Indigenous Peoples—also aims to “enhance the efficacy, transparency and quality of the patent system with regard to genetic resources and traditional knowledge associated with genetic resources.”4 

Once the treaty is ratified, patent applicants will have new (but nonretroactive) disclosure requirements for international patent applications."

Wednesday, July 19, 2017

Inventors Corner: How long does the patent process take?; Sioux Falls Business Journal via Argus Leader, July 18, 2017

Jeffrey Proehl, Sioux Falls Business Journal via Argus Leader; Inventors Corner: How long does the patent process take?

"Recent USPTO statistics suggest that this time period is becoming shorter, with the average length being about 16 months in 2016 as compared to about 28 months in 2011. Once the first communication is issued by the USPTO, things tend to move faster because of the deadlines imposed upon the applicant to respond to the communication and upon the patent examiner to act upon the applicant’s response.

The overall consideration time for a patent application also varies significantly, with the average being approximately 25 months unless the applicant needs to file a request for continued examination to obtain additional consideration by the examiner, in which case the time averages approximately 54 months."