From the April 2010 issue of InsideCounsel Magazine • Subscribe!

USPTO Should Correct Past Patent Term Miscalculations, Some Experts Say

The USPTO has shortchanged hundreds of thousands of patents. For years, the agency has miscalculated patent term adjustments and issued patents, which expire too soon, according to the Federal Circuit's recent ruling in Wyeth v. Kappos.

The USPTO has promised to alter its method of calculating patent term adjustments for new patents, but that leaves owners of many existing patents out in the cold.

That's unlawful, according to some experts, who assert the USPTO is obligated to correct its past errors. "The Patent Act provides that the Director [of the Patent Office] shall provide the patentee with one opportunity to revise incorrect patent term adjustments. That means one opportunity under the statutory scheme, and the USPTO has not provided that opportunity," says Wayne Keown, of counsel at Preti Flaherty Beliveau & Pachios.

Because the USPTO misconstrued the statutory requirements for computing patent term adjustments, Keown adds, "there's a lot of people out there who have not had a meaningful opportunity to revise their patent term adjustments. So the USPTO needs to come up with a way to do that. There are a lot of patentees out there who are in an untenable position because of what the USPTO did."

Comments

InsideScoop Daily eNewsletter

InsideScoop delivers the latest-breaking news affecting in-house counsel. Get the latest business trends, current corporate litigation, labor developments, technology initiatives and more — FREE. Sign up now!

You have been subscribed! You will receive a confirmation email soon.

See the entire list of InsideCounsel eNewsletters.

Resource Library


13 Things to do Now to Reduce Risk and Avoid...

We have developed best practices for lowering your e-Discovery costs, shortening the length of your...

7 Simple Strategies for Improving Legal Fee Budgeting Certainty

Understanding the legal fee budgeting paradigm and following seven simple strategies will help you control...

Complimentary White Paper: Best Practices for Meeting Critical eDiscovery Challenges

Packed with practical advice, this white paper discusses best practices for meeting eDiscovery challenges across...

Complimentary White Paper "Key Considerations for Collection Methodologies and Resources"

This white paper addresses the need for companies to reevaluate their current collection policies in...

Moving Matters In-House: How Technology Enables Legal In-Sourcing

Strategically shifting more matters to in-house counsel has proven to be an effective strategy to...

5 Ways to Promote Responsible Content Sharing

Find out five ways that organizations can promote responsible sharing of content among employees by...

Reducing the Costs of eDiscovery from Collection to Court!

Predictive coding is only one of many ways organizations can make eDiscovery faster, cheaper and...

Discovery Shifts to the Cloud

Adoption of Cloud computing continues to gain momentum. How can IT and Legal Teams avoid...

Lower Your Total Cost of Ownership

With the deployment of Proofpoint Enterprise Archive, organizations have realized significant cost savings in automating...

Health and Safety Risks of Counterfeits in the Global Supply...

This whitepaper underscores the prevalence of counterfeits within global supply chains across a number of...

View All »

Advertisement. Closing in 15 seconds.