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So, what good does “patent pending” do for an inventor? Well, if a second individual decides to ignore the patent pending label and produce a derivative product, they may be liable for royalties and other damages, provided the USPTO ultimately awards the patent to the original inventor.
It is also important to note that the USPTO prohibits false use of “patent pending” or “patent applied for.” Any individual or business falsely claiming the label can be fined no more than $500 per offense.
Get started Create Your Provisional Patent Application Answer a few questions. We'll take care of the rest.