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USPTO Releases Fiscal Year-End Numbers

By Peter Zura

The USPTO FY2008 report is out, and, unsurprisingly, "the USPTO met and, in some cases, exceeded its patent pendency, production, and quality targets."

According to the report,

- Patents "maintained a high level of patent quality by achieving an allowance compliance rate of 96.3 percent, exceeding its goal."

- Patents increased production by an additional 14 percent over FY 2007 by examining 448,003 applications?the highest number in history.

- Production has increased by 38.6 percent over the past four years, compared to a 21.3 percent increase in application filings during the same period.

- Patents received a record number of utility patent applications filed electronically (332,617), and achieved a record rate (72.1 percent) of applications filed electronically as well.

- Patents achieved an average first action pendency of 25.6 months and an average total pendency of 32.2 months.

- Patents received 1,765 patent application filings through the Accelerated Examination Program, 173 percent more than in the program?s introductory year of FY 2007. A 12-month or less pendency rate was also maintained for every application, with an average time to final action or allowance of 186 days.

Read/download the 162-page report here

Full post as published by Two-Seventy-One Patent Blog on November 18, 2008 (boomark / email).