Do you wish to protect a new product or device? The Australian Innovation Patent System which provides a quick way to obtain short term patent protection, will soon be phased out on 26 August 2021.
An Australian Innovation Patent lasts up to eight years and is designed to protect inventions that do not meet the inventive threshold required for standard patent protection. It is a relatively quick and inexpensive way to obtain patent protection for your new device, substance, method or process.
So, if you have a straight-forward or non-complex invention, it is still possible to file an Australian Innovation Patent Application right up until the phase out date. However, it is important you act quickly, as time is running out.