News: Lightbringer raises $10 million in Series A funding

What is patent term?

Patent term is the length of enforceable protection a patent provides: 20 years from filing for utility patents worldwide, and 15 years from grant for US design patents (up to 25 years for EU/UK registered designs). In the US, patent term adjustment for USPTO examination delays can extend a utility patent slightly beyond the standard 20 years, and several jurisdictions offer regulatory extensions for pharmaceuticals.