News

Ensuring a Bountiful IP Yield From Plant Sales

Managing Intellectual Property
February 8, 2019

"Patent rights are lost when an invention is placed in the public domain through commercial sale or public use. These bars to patentability have been a feature of the US patent system for nearly two centuries. In 2011, Congress enacted the America Invents Act, the first significant overhaul of codified patent law since the 1950s. Included in these changes was a redrafting of Section 102, which specifies that an invention cannot be patented beyond a one year grace period if it is 'in public use or on sale.' The redrafting of Section 102 added a new catch-all closing phrase that bars the patenting of inventions 'in public use, on sale, or otherwise available to the public.' The meaning and scope of this new phrase was the topic of much discussion prior to the Helsinn decision, as its limits were unclear and there was little case law to provide direction."

Read the article

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.