US Flashcards

(4 cards)

1
Q

Patent Term Adjustment

A

The term of the US patent is extended if USPTO delays processing of the application.
One day extension per one day delay

Fails to
- issue a first OA or notice of allowance within 14mo of filing application
-issue a OA within 4 mo of applicant’s response
- Issue the patent within 4 mo from payment of issue fee
- Issue a patent within 3 years from filing date + provisos
-Delays due to interference proceedings, secrecy order and successful appeals

Term is reduced if applicant takes extensions of time

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2
Q

Patent Term Extension

A

Allows term extension for drugs, medical devicses, additives which are FDA regulated

Up to 5 years extension - provided that total marketing life does not exceed 14 years

Must apply within 60 days of marketing approval or grant of patent, whichever is later.

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3
Q

Renewal fees

A

3.5, 7.5 and 11.5 years after grant
Surcharge if paid 6mo after due date
No pre-grant renewal fees

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4
Q

Small entity status

A

50% reduction in various fees
Independent inventor/individual
Business less than 500 people
Non-profit organisations

Only available if applicant has not assigned, granted, conveyed or licenses any rights in the invention to any non-small entity and not under any contractual obligation to do so

Penalty - uneforceable, fraud

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