This post was first published on 15th September, 2011.
The patent reform bill is now awaiting approval from the President to become the law of the land. The bill proposes many changes to the existing US Patent Act. Below listed are few important provisions included in the bill:
First-Inventor-To-File: US patent system will now operate on first-inventor-to-file instead of its earlier operation system which was first-to-invent. The first-inventor-to file system provides certainty with respect to the invention date thereby…