On September 8, the U.S. Senate voted to pass a patent reform bill which will drastically change patent filing and the reexamination process. One major change is that the patent system will become a first-to-file system. The current system credits the invention to whoever first conceived of it. This inquiry can result in costly and lengthy litigation. Under the new first-to-file system, the first inventor to file would be created as the inventor. This approach would cut down on costs but also would encourage investors to rush to the United States Patent and Trademark office (USPTO).
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