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NEWS2 Jun 2023News

The new Unitary Patent system is now live and ready to simplify the process

euraxess

💡 Got a great invention worth patenting? 
 
✔ The new Unitary Patent system is now live and ready to simplify the process with lower costs, less paperwork, and reduced red tape.
 
Innovators can benefit from a one-stop shop for the registration and enforcement of patents in Europe – a big plus for small and medium enterprises.
 
With no additional formality, a Unitary Patent will be effective in 17 EU countries, or 80% of our GDP - with others expected to join in the future.
 
In practice, the new system cuts the renewal fees over 10 years from around €29,000 to less than €5,000. It also reduces protection costs, making patenting in Europe more competitive.
 
We cannot replace your genius. But we are at work to make it sparkle.

For more details visit Linkedin page.
 
#EuropeanUnion #UnitaryPatent