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what is a patent?

5 February 2018

Watch this video for an outline of how patents should be drafted, how much they cost, whether you need to file for an UK or EU patent, and whether you need to renew.


transcription

So filing a patent application in the UK costs about £300 but it really should be professionally drafted in order to ensure that it actually protects exactly what you’ve invented. And this is important because if you’ve invented something outside of the scope it can be easier to invalidate later on. Or if the scope is too narrow then you may not be able to protect the entire degree of your invention.

Getting patent applications professionally drafted usually costs £3,000-6,000 but if another party opposes the application it can cost a fair bit more. So it is important to consider this at the time you look to file the application.

Again, European patent office applications also cost a fair amount more and you therefore ought to consider the exact scope, geographical scope over which you wish to market the product and sell the product.

Patents in order to renew them, again in the UK, cost between £70 and £600 annually and this will depend on the age of the patent.

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The opinions expressed on this video are provided for the purposes of general interest and information and should not be relied upon. They contain only summaries of aspects of the subject matter at the time of publishing and do not provide comprehensive statements of the law. They do not constitute legal advice and do not provide a substitute for it. So why not talk to us and seek advice that's tailored to you? You can look up one of our experts on this website or call on 0370 270 6000.

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