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What is the value of a patent pending product?

Updated: 8/16/2019
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16y ago

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Pretty much nothing, according to my atty. I asked her about a year ago what my options are when applying for a patent. Can't remember why exactly, but it's almost pointless to apply for pending status and I think I remember something about someone else still being able to jump in and claim it as their own invention.

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16y ago
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Q: What is the value of a patent pending product?
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Can someone apply for a patent while a product is under pending patent?

Absolutely. The term "patent pending" applied to a product has no legal ramifications. It's just advertising that they are trying to patent the technology that went into the product. Only an issued patent is enforcable. Some products will print patent numbers on their packaging if patents have issued for the technology. You cannot get a patent for something you didn't invent though. Filing a patent application involves signing an oath, and lying under oath is perjury. Patent pending can only be displayed on the product/services, when you have applied for a patent. So, there is no question of applying for a patent while a product is under pending patent. http://indiapatents.blogspot.com


How do you indicate Patent pending?

Simply add the text "Patent Pending" to the product or service which is a pending patent covers. Optionally, include the pending application number at the corresponding patent office. In the USPTO, the application number is formatted like this xx/xxx,xxx.


What is a patent pending or patent number notice?

Patent pending is a warning that a patent application has been filed. It is completely worthless until and unless a patent is actually issued for that invention. Patent number notice means a patent with that number was issued for the invention that is implemented in the product labeled with that number.


When can you sell patent pending merchandise?

You can sell it at any time. However a marking of "patent pending" is only a warning (and maybe a deterrent to particularly risk averse would-be infringers) and does not provide any enforcement value. Once your pending patent issues, you can begin to enforce your patent rights if desired.


What is the value of an 1818 Rogers silver teaspoon stamped patent pending?

1000


What is the value of peavey wolfgang patent pending guitar?

What ever someone is willing to pay.


What does the term patent pending mean after you have applied?

The term patent pending informs the public that a person filed a patent application with the United States Patent and Trademark Office for that particular item. The patent pending designation does not give the person any legal rights; it just means that the patent office will review their application. It does not guarantee that a patent will be awarded. It is a warning to potential competitors. Hopefully they won’t put the time and money into developing a product for which you may end up holding the patent.


What is the value of a page Lewis 22 model a1 targes patent pending?

50-100


When was Patent Pending - album - created?

Patent Pending - album - was created on 2006-09-11.


Difference between patent and patent pending?

A patent is a grant from a patent office, such as the United States Patent Office. "Patent Pending" is a phrase that an application for a patent has been filed and is in some stage in the process of obtaining a patent. Thus, a patent can be presently enforced while a patent that is merely pending is unenforceable but can mature into a patent that can be enforced. Once the pending patent matures, the patent owner can sue for back damages or reasonable royalties starting from the filing date of the patent.


How many years is a patent valid?

A "pending patent" does not exist. A patent application which is pending at the patent office is typically referred to as "patent pending", but has not yet matured into an enforceable right. A patent application can, in theory, be pending indefinitely as long as you are willing to pay to keep it alive (via Requests for Continued Examination or via continuation applications, and so forth).


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i have a Winchester 37. 28inch that says patent pending . Any idea the value of this gun