Policy Impact Analysis - 117/S/4417

Bill Overview

Title: Patent Trial and Appeal Board Reform Act of 2022

Description: This bill modifies the authorities and procedures of the Patent Trial and Appeal Board (PTAB), the body within the U.S. Patent and Trademark Office (PTO) that decides administrative patent validity challenges and reviews (e.g., inter partes reviews and post-grant reviews). For example, the bill (1) authorizes the director of the PTO to review and set aside PTAB decisions, (2) modifies the time limits for filing such patent validity challenges at the PTAB, and (3) limits the institution of certain such challenges if the challenges are filed by the same petitioner and includes one or more of the same claims.

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

Target Audience

Population: People reliant on patent laws and innovation sectors

Estimated Size: 15000000

Reasoning

Simulated Interviews

Software Engineer (San Francisco, CA)

Age: 45 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • The patent reform increases the uncertainty of my company's existing patents, which is troubling.
  • We may need to allocate more resources to legal strategies due to these procedural changes.

Wellbeing Over Time (With vs Without Policy)

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

Pharmaceutical Researcher (Boston, MA)

Age: 38 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 7.0 years

Commonness: 2/20

Statement of Opinion:

  • This reform could potentially delay our patent applications, impacting drug release timelines.
  • We are concerned about the reduced predictability in the patent process.

Wellbeing Over Time (With vs Without Policy)

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

Patent Attorney (New York, NY)

Age: 50 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 4.0 years

Commonness: 3/20

Statement of Opinion:

  • Increased oversight by the PTO director might streamline some processes, which is beneficial.
  • However, any misalignment in legal interpretations can lead to significant issues for clients.

Wellbeing Over Time (With vs Without Policy)

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

Startup Founder (Austin, TX)

Age: 30 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • I'm worried that longer patent challenge processes could affect my startup's growth.
  • Access to better-reviewed patents is beneficial but timing is critical for a startup like mine.

Wellbeing Over Time (With vs Without Policy)

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

Retired Engineer (Detroit, MI)

Age: 65 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 6/20

Statement of Opinion:

  • It seems like a technical change, not sure how much it impacts me now being retired.
  • As a past inventor, I hope my patents remain secure.

Wellbeing Over Time (With vs Without Policy)

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

Legal Advisor (Seattle, WA)

Age: 40 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • This reform requires us to update our strategies and advice offered to clients.
  • Short term, there'll be adjustment challenges, but long-term standardization might help.

Wellbeing Over Time (With vs Without Policy)

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

Biotech Developer (San Diego, CA)

Age: 29 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 8.0 years

Commonness: 3/20

Statement of Opinion:

  • The reform might delay patent processing in biotech, which can stall innovation.
  • Need to closely monitor how these changes affect patent lifetimes.

Wellbeing Over Time (With vs Without Policy)

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

Innovation Consultant (Minneapolis, MN)

Age: 55 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • This reform means more variables during my consultations, may complicate the patent process.
  • We'll need to develop new strategies for navigating patent challenges.

Wellbeing Over Time (With vs Without Policy)

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

Entrepreneur (Chicago, IL)

Age: 37 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • The uncertainty around patent validity reviews is intimidating for a new entrepreneur.
  • It could affect who we approach for investment as IP security is critical.

Wellbeing Over Time (With vs Without Policy)

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

Patent Examiner (Los Angeles, CA)

Age: 48 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 4.0 years

Commonness: 5/20

Statement of Opinion:

  • Reforms like these impact our workload and interpretation of patent law.
  • Clearer guidelines would be beneficial to align with the new procedures.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

Year 1: $5000000 (Low: $4000000, High: $6000000)

Year 2: $5200000 (Low: $4200000, High: $6200000)

Year 3: $5500000 (Low: $4500000, High: $6500000)

Year 5: $6000000 (Low: $5000000, High: $7000000)

Year 10: $7000000 (Low: $6000000, High: $8000000)

Year 100: $10000000 (Low: $8000000, High: $12000000)

Key Considerations