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Patent Office to Launch “Fast Track” Examinations

As many inventors realize, the Patent Office takes its time when examining patent applications. In fact, it is downright SLOW. Usually it takes at least two years for the first office action to be mailed. Then another year or two until final disposition of the case.

However, starting on May 4th, the Patent Office will offer “fast track” examination.  You guessed it, for an additional fee. According to the press release, for  $4,000, the Patent Office will agree to process an application within 12 months. What this means is that the application will be either allowed, abandoned, or finally rejected within the 12 months. A finally rejected application can be appealed. The fast track program will be limited to 10,000 applications per year.

What has been the reaction? So far, from those who I’ve contacted, the main concern has been over the hefty fee. However, the Patent Office says it is working to get the fee reduced by 50% for small entities. This would make it a lot more attractive.