Patent Express Lanes Coming To Europe, But Tolls Remain A Question
This article was originally published in The Pink Sheet Daily
Europe is on the brink of creating a unified patent court and unitary patent, which will cut litigation and application costs, while giving a boost to legal predictability.
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The Advocate General of the Court of Justice of the European Union has dismissed Spain’s second challenge to the unitary patent, offering more legal certainty for drug manufacturers and pointing the way towards reduced litigation costs.
The EU Council of Ministers has finally settled on three locations for the Unified Patent Court, which will cut costs and litigation time for pharmaceutical companies.
The European Union's Court of Justice rejected proposals for a unified patent court, jeopardizing the prospect of a simplified Europe-wide patent system.