News

  • Last year, the European Commission proposed reforms to streamline the standard essential patent (SEP) process in the EU. SEPs cover technologies relating to technical standards for communication like 5G and Wi-Fi. The reforms aim to enhance transparency and negotiation pathways by assigning the European Union Intellectual Property Office (EUIPO) new responsibilities.

    Feedback on the proposal was divided, with major SEP holders like Nokia and Ericsson expressing concerns over increased costs and uncertainties. Conversely, organizations representing patent implementers voiced support for the reforms.

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  • The SME Fund is a European Commission initiative implemented by the European Union Intellectual Property Office (EUIPO) and will run from 22 January 2024 to 06 December 2024. However, the SME Fund 2024 has limited funds, and if the funds are exhausted, applications will be closed before the indicated date.
    The SME Fund provides financial support to small and medium-sized enterprises (SMEs) based in the European Union (EU) for the protection of their intellectual property (IP) rights. SMEs can apply for vouchers that will provide access to refunds of up to 75% of the official application fees for trademarks, designs, patents, and plant varieties, directly credited to the bank account.

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  • The Administrative Council of the Eurasian Patent Organization has approved amendments to the Statute on Fees of the Eurasian Patent Office. These amendments affect applications and patents for inventions and industrial designs.

    The amendments will result in a 20-25% increase of the official fees for various actions:

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  • The Agreement between the European Patent Organisation and the Government of Georgia on Validation of European Patents has come into effect. Starting from January 15, 2024, European patent applications and patents granted by the European Patent Office (EPO) can be validated in Georgia according to the national law.

    This Validation Agreement ensures that the legal effect and conditions for European patent applications and patents validated in Georgia will be equivalent to those of national patent application and patents.

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  • From January 1, 2024, based on the results of the meeting of the Administrative Council of the Eurasian Patent Organization, additions and amendments to the Patent Regulations under the Eurasian Patent Convention came into force.

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