Patent Renewal Rates under Different Renewal Period Schemes

by Bharath Venkat In order to keep a US patent in force, the US Patent & Trademark Office requires that patent owners make maintenance fees at years 3.5, 7.5 and 11.5 after grant. This is in addition to filing, search, examination and post-filing fees. Other patent issuing authorities use different rules. For the European Patent Office (EPO), maintenance payments must

Continue reading »

Transparency is Critical in a Patent Annuity Payment Service

MaxVal Annuity Payer was launched in 2014 with the goal of providing complete transparency on annuity payment fees, as well as simplified workflow and excellent service. Pricing transparency is an important issue for customers. Things get complicated when negotiated fees are combined with currency exchange and foreign agent fees. Misunderstandings over fee amounts can easily occur. These misunderstandings can spill over

Continue reading »

Why do We Pay Maintenance Fees?

Patent maintenance fees continue to increase. However, once the patent has issued, the USPTO does not provide any ongoing services to the patent holders. Therefore patent holders are correct in wondering why they must pay patent maintenance fees and why the fees are increasing. The requirement of maintenance fees has both economic and public policy reasons. First, maintenance fee revenue is used

Continue reading »

Patent Annuity Payment Made Simple with MaxVal’s Annuity Payer

Combining more than a decade of patent management experience with an intuitive annuity management engine built from the ground up, MaxVal’s Annuity Payer™ provides a reliable and cost-effective annuity payment and management solution.

Continue reading »