A unitary patent system may financially benefit EU SMEs and Universities News

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In a speech given in front of the Legal Affairs Committee of the European Parliament, the president of the European Patent Office (EPO), Mr Benoît Battistelli reaffirmed that the objective of a European unitary patent protection is to limit formalities and lower costs.

Indeed, measures to compensate the translation costs of patents filed in a language other than one of the three official languages ​​of the EPO, should apply only to those who really need it, namely small and medium enterprises (SMEs), universities or public research centers as well as individual inventors. Consequently, by limiting the compensation to such actors it would be possible to avoid certain financial burdens of the system.

Mr Battistelli also said that such a move would take place entirely within the Small Business Act adopted in 2008.

President Battistelli’s Speech is available only in French here

European Patent Office, www.epo.org