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Prosecution Pointer 295 - Intellectual Property

Prosecution Pointer 295 - Intellectual Property
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Nearly 500 MSMEs pushed to go global with broadened knowledge on int'l IP protection


TAGUIG CITY, May 9   A total of 480 micro, small and medium enterprises (MSMEs) have gained expert insights on global intellectual property (IP) protection from the IP Office of the Philippines’ (IPOPHL) recent webinars on the Madrid System and the Patent Cooperation Treaty (PCT), enabling them to develop strategies that will ensure their competitiveness when expanding globally. 
The Madrid System and the PCT are international application systems, respectively for trademarks and patents, that allow for a single filing for registration and grant in multiple countries that are contracting parties to the systems.
The webinars, jointly organized with the World Intellectual Property Organization (WIPO), have reached a combined viewing of 2,500 on Facebook as of writing. ....

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Patent Applications Hit Record High in 2020; SeproTec CEO on Growth Drivers


On April 29, 2021
International patent applications continued to grow even as the world plunged deep into the pandemic. Patent filings at the World Intellectual Property Office (WIPO) actually reached “the highest number ever” at 275,900 applications in 2020, an increase of 4% over the previous year. Even more remarkable given the estimated 3.5% contraction in global GDP.
Leading filers, the US and China, also showed a growth in patent applications as reported by the WIPO in March 2021. According to SeproTec’s Juan Julián León, since China has steadily risen up the ranks of the world’s top patent filers, taking over the No. 2 spot from Japan after 2016, “we have seen more organizations taking control of their patent translations not only in China, but globally, by centralizing their translation needs.” ....

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