Policy Impact Analysis - 117/S/4210

Bill Overview

Title: Patents for Humanity Act of 2022

Description: This bill provides statutory authority for a program to award certificates that may be used to accelerate certain proceedings and applications at the U.S. Patent and Trademark Office (PTO). The program established under this bill shall be treated as the successor to the existing Patents for Humanity program. Under this bill, the PTO must hold a competition at least once every two years to award certificates to eligible entities that submit a patent application that addresses a humanitarian issue.

Sponsors: Sen. Leahy, Patrick J. [D-VT]

Target Audience

Population: People engaged in innovation addressing humanitarian issues worldwide

Estimated Size: 5000

Reasoning

Simulated Interviews

Biotech Researcher (San Francisco, CA)

Age: 45 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • I've always supported programs that incentivize innovation with a social impact. This act could finally speed up the process of getting crucial vaccines out there.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 7
Year 5 9 7
Year 10 9 8
Year 20 9 8

Patent Attorney (Chicago, IL)

Age: 34 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy could reduce the queue, making the process efficient for my clients who are working on life-saving technologies.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 7 7
Year 20 7 6

Start-up Founder (Austin, TX)

Age: 29 | Gender: other

Wellbeing Before Policy: 8

Duration of Impact: 7.0 years

Commonness: 2/20

Statement of Opinion:

  • Programs like this offer startups like mine a fighting chance to get our innovations recognized and protected quickly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 8
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 8 7
Year 20 8 7

University Professor (Boston, MA)

Age: 53 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • As an academic, the ability to have patents processed faster allows us to shift focus to research impacts rather than process delays.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 6
Year 10 8 6
Year 20 8 5

Pharmaceutical Executive (New York, NY)

Age: 40 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 3/20

Statement of Opinion:

  • Our company can benefit from expedited patents, but the competition is also intense, and certificate awards could be limiting.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

Environmental Scientist (San Diego, CA)

Age: 38 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • Technologies that address water scarcity can benefit immensely from faster patent processes. This law adds real value to our mission.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 9 7
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 8 8

CEO of a Tech Non-Profit (Seattle, WA)

Age: 50 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 8.0 years

Commonness: 5/20

Statement of Opinion:

  • Making the patent process more efficient is a step in the right direction for non-profits that focus on immediate societal impacts.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 6
Year 10 8 6
Year 20 8 6

Medical Device Engineer (Los Angeles, CA)

Age: 30 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 6.0 years

Commonness: 4/20

Statement of Opinion:

  • Fast-tracking patents could help us partner with global health organizations more effectively.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 7 7

Agritech Innovator (Denver, CO)

Age: 41 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 7.0 years

Commonness: 3/20

Statement of Opinion:

  • Easier access to patents through competitions can propel agritech innovations addressing food security issues.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 9 7
Year 3 9 7
Year 5 9 7
Year 10 8 7
Year 20 8 7

Independent Inventor (Phoenix, AZ)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 9.0 years

Commonness: 5/20

Statement of Opinion:

  • Such acts offer inventors like me a chance to make a larger impact without being bogged down by patent barriers.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 8 7
Year 10 8 7
Year 20 8 7

Cost Estimates

Year 1: $3000000 (Low: $2000000, High: $4000000)

Year 2: $2500000 (Low: $1500000, High: $3500000)

Year 3: $3000000 (Low: $2000000, High: $4000000)

Year 5: $3000000 (Low: $2000000, High: $4000000)

Year 10: $3000000 (Low: $2000000, High: $4000000)

Year 100: $3000000 (Low: $2000000, High: $4000000)

Key Considerations