What the Dietary Supplement Industry Needs to Know About
the New U.S. Patent Laws
This article
discusses the recent changes in US Patent law and how it will affect the
Dietary Supplement industry. The biggest change is that the first-to-invent
system is no longer in effect. This system supported whoever invented the idea
first. However, this has now changed to whoever files for a patent first gets
the patent. This is huge given the nature of the Dietary Supplement Industry
and how rapid it changes. It is very rare that people file for patents.
What is very
interesting about this is how this patent law is currently affecting other
industries and the implications this could have for the tech industry. I am not
sure how this will end up affecting the tech industry, I plan on asking in our
class about that. I imagine companies will have to be much more on top of their
business and register patents and reveal their plans much earlier.
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