After you’ve created your innovation, you’ll want to make sure you secure your patent rights by filing a patent application. Inventors have realized how crucial it has become to secure inventions as the scope of IP has grown over time. However, by filing a single international patent application in conformity with the PCT, innovators can now protect their inventions in numerous nations (Patent Corporation Treaty). So, if you want to protect your invention, here’s what you need to know about the Patent Corporation Treaty.
Thus, a Patent Corporation Treaty helps innovators to file a single patent application to secure their invention in a large number of countries.
Related Article – Requirements For Patent Protection
Understanding the Meaning of the Patent Corporation Treaty
The Patent Corporation Treaty (PCT) is an intellectual property agreement that protects patents in multiple countries through a single application. PCT has more than 150 nations that have come together to agree to this treaty. WIPO (World Intellectual Property Organization) has been monitoring this treaty since its inception in 1970.
Filing a patent application under the PCT means that you get to protect your patent in around 151 countries at once. Major global corporations secure patent protection through PCT.
Benefits of Filing Patent Application under Patent Treaty Corporation
- International Patent Protection – The PCT assists you in acquiring international patent protection. If you want to reach the international market, PCT can assist you in obtaining patent rights in multiple countries at the same time. If you file a patent application with the USPTO, for example, your patent protection rights will be confined to the United States. On the other hand, if you file a PCT application, you can secure patent protection across 151 member countries.
- Save Time and Effort – When it comes to filing a patent application, each jurisdiction has its own set of rules and restrictions. Separate patent applications in each of the PCT contracting states will be time-consuming and difficult to complete. In order to comply with the rules and regulations, the applicant must revise the patent application. PCT has made the procedure easier. It is a method that saves both time and money.
- Comprehensive Search Report – WIPO sends a global patent search report after an applicant files a patent application under the PCT – the monitoring organization. It enables you to determine how patentable your innovation is in different parts of the world. This information could assist you in making an informed decision about your innovation. You can evaluate the data to the best of your ability. If innovation is found to be unpatentable, for example. The applicant has the option of withdrawing the application, which will save money in the long run.
Mistakes To Avoid
There are a few things that you need to consider while filing PCT in order to save time and effort. Take a look at them:
- There is no such thing as a legitimate international patent. The PCT only opens the door to global intellectual property protection. You must still apply for protection with national patent offices after your PCT application is granted.
- It is wrong to assume that patent laws are the same worldwide. You will have an easier time sorting through the differences if you file your application through the PCT. If you submit applications to individual nations, you may need to make significant adjustments to get your patent accepted in all of them.
Hire PDC for PCT Filing
Global firms frequently file PCT patent applications to ensure patent protection all around the world. They can file a PCT patent application instead of filing a separate patent application for patent protection.
So, if you want to hire professional patent attorneys to assist you in filing a patent application under the Patent Corporation Treaty, Patent Drafting Catalyst can assist you. We have a staff of expert patent attorneys with years of experience submitting international patents at a low cost. Get in contact with us if you want to learn more about us or our services.