February 08, 2007

On Monday, general information pertaining to the USPTO’s FY2008 budget proposal was announced via telephone press conference. The Deputy Under Secretary of Commerce for Intellectual Property, Steve Pinkos, announced the budget request of $1.916 billion and again requesting that the USPTO retain all fee collections it obtains. This figure is fairly consistent with the Department of Commerce FY2008 budget available from GPO Access (link below), which provides a $1.920 billion line item for “Program Level” at the “Patent and Trademark Office (PTO),” along with an equivalent negative line item for “Fees.” This is nearly a $150 million increase from the FY2007 budget of $1.776 billion. In addition to the budget announcement, the USPTO reiterated some of its 2006 office statistics, including the completion of 332,000 patent applications, an overall allowance rate of 54% (the lowest on record), and final action on over 378,000 trademark applications. The budget also anticipates the hiring of 1,200 patent examiners and an expansion of the USPTO’s telework program for Examiners.

USPTO Press Release: LINK
Presidential FY2008 Department of Commerce Budget: LINK
Office of Management and Budget FY2008 Budget Website: LINK


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Copyright 2006-2010, Mark Reichel. The Daily Dose of IP is my personal website, and I am not providing any legal advice or financial analysis. Any views expressed herein should not be viewed as being the views of my employer, Ice Miller LLP. Any comments submitted to this blog will not be held in confidence and will not be considered as establishing an attorney-client relationship. Information submitted to this blog should be considered as being public information, and the submitter takes full responsibility for any consequences of any information submitted. No claims, promises, or guarantees are made or available regarding the completeness or accuracy of the information contained in this blog or otherwise available by searching from or linking away from this blog.

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Mark Reichel
Reichel IP LLC

I am a patent attorney with Reichel IP LLC, where I concentrate my practice on patent drafting and prosecution, trademarks, and general intellectual property matters. I currently focus on the preparation and prosecution of medical device and other life sciences patent applications, and being actively involved in a number of local not-for-profit organizations.

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