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What is the purpose of a PCT application?
The filing of a PCT application gives two principle benefits. Filing a PCT application gives a second priority date. This can be important if the invention has not been publicly disclosed or offered for sale. The PCT application also extends the time one has to file foreign patent applications. This extension is up to thirty (30) months and in some select few countries even longer.The extension is beneficial in several ways. Most importantly, the extension allows one to market the invention and find licenses before incurring more substantial costs. Additionally, the domestic patent usually issues, if it will issue, before the application must be filed in foreign countries. This saves on filing patent applications that never will issue. This situation further saves on the cost of Amendments, since one knows how one examiner believes the claims should be written to be allowable.
Updated: 11/12/99
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