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Are you interested in getting a patent and want to know how long it will last? In this video, we explain how long patents last, the factors that influence expiration, and what it means for inventors and businesses.

What is a Patent?
A patent gives inventors exclusive rights to their creations, preventing unauthorized use. While patents don’t last indefinitely, understanding when they expire is essential for planning.

Types of Patents and Lifespans
There are three main types of patents. Utility patents, covering processes and machines, last 20 years from the filing date if maintenance fees are paid. Design patents protect ornamental designs for 15 years from the grant date and do not require renewal fees. Plant patents, which cover asexually reproduced plants, also last 20 years and require maintenance fees similar to utility patents.

Factors Impacting Patent Duration
Several factors impact patent duration. Patent type determines lifespan, and maintenance fees are necessary to keep utility and plant patents active. Adjustments or extensions may also apply, particularly in fields like pharmaceuticals that require long regulatory approval periods.

Impacts of Patent Expiration
Once a patent expires, the invention enters the public domain, allowing others to use, make, or sell it. This can increase market competition, open opportunities for generic products, and drive innovation.
Why Patent Duration Matters
Knowing how long your patent will remain exclusive is crucial for strategic planning, investments, and competitive advantage. If you want expert guidance on maximizing your invention’s lifespan, contact Schell IP today for a free consultation.

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