The Demise of the Innovation Patent

The innovation patent has finally received an execution date of 25 August 2021.

IP Australia will no longer permit the filing of new innovation patent applications from 26 August 2021. Existing innovation patents with a filing date on or before 25 August 2021 will continue in force until they expire. A divisional application for an innovation patent can be filed after 25 August 2021 if the parent application was filed on or before 25 August 2021. Likewise, a standard patent application with a filing date on or before 25 August 2021 can be converted to an innovation patent application after 25 August 2021.

That will be a sad day. This is a misguided piece of legislation. Read more here.

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