PATENT TIME LINE (Blue line is UK phase Orange line International Phase)

TIME LINE

FUSION AUTHORISE UOS TO FILE A PATENT APPLICATION. UOS INSTRUCTS PATENT

AGENTS TO DRAFT PATENT APPLICATION IN CONSULTATION WITH INVENTOR

FILE A UK PRIORITY PATENT APPLICATION IN THE NAME OF UOS WITH A

REQUEST FOR A PRIOR ART SEARCH AT THE UK IPO

UK IPO SEARCH ISSUES THIS WILL CITE POTENTIAL PRIOR ART AND AT THIS POINT INVENTOR IS
REQUESTED TO PROVIDE A REASONED RESPONSE THAT CAN BE USED BY THE
PATENT AGENT IN THE FUTURE TO IMPROVE OR ALTER THE CLAIMS

9 MONTH ALERT FOR PATENT AGENT TO CONTACT INVENTOR TO CHECK IF

FURTHER R & D MAY EXEMPLIFY THE CLAIMS OF THE APPLICATION IF NEW
MATERIAL IDENTIFIED THEN THIS MAY BE ADDED TO THE APPLICATION

AT 10 MONTHS FUSION WILL TAKE A DECISION WHETHER TO CONTINUE WITH

THE APPLICATION BEYOND 12 MONTHS, THIS INFLUENCED BY STATUS OF R &
D AND POTENTIAL COMMERCIAL LEADS

IF DECISION FROM FUSION IS TO CONTINUE, THEN AN INTERNATIONAL

PATENT APPLICATION (PCT) WILL BE FILED IN THE NAME OF UOS, TOGETHER
WITH REQUEST FOR INTERNATIONAL SEARCH AND OPINON. THE DEADLINE
FOR PCT FILING IS THE 12 MONTH ANNIVERSARY OF 1ST APPLICATION.

ESTABLISHES PRIORITY DATE

approx. cost at this stage is 3.6k

6- 8 MONTHS
75 to report Search Report

9 MONTHS

10 MONTHS

12 MONTHS

RESULTS OF INTERNATIONAL SEARCH AND OPINON AS TO NOVELTY AND

INVENTIVENESS OF CLAIMS, SHOULD BE RECEIVED AT 18 MONTHS

18 MONTHS
PCT cost approx. 3.7k
PUBLICATION OF PATENT APPLICATION THE APPLICATION IS NOW IN THE
PUBLIC DOMAIN AND CONTAINS AN INTERNATIONAL SEARCH REPORT

INVENTOR WILL BE REQUESTED TO ANALYSE AND WRITE A RESPONSE TO THE PRIOR

ART CITED IN THE SEARCH REPORT. THIS TO GIVE CONFIDENCE TO FUSION THAT THE
APPLICATION IS ROBUST AND IS LIKELY TO ATTRACT COMMERCIAL INTEREST

IN THE INTERVENING MONTHS FUSION WILL BE PURSUING COMMERCIAL EXITS AND IDENTIFYING POTENTIAL
LICENSORS; OR IT MAY BE THAT A SPIN OUT IS FORMED. THE PATENT BUDGET DOES NOT SUPPORT PATENT
APPLICATIONS BEYOND 30 MONTHS, BY WHICH TIME THE PATENT APPLICATION WILL EITHER

BE LICENSED TO A THIRD PARTY OR ASSIGNED TO A SPIN OUT COMPANY.

OVER 20 YEARS A PATENT COULD COST 350,000.00

From 18-30 months there

are no further patent
office formalities.
200 to report International
Search Report

30 MONTHS IF NO COMMERCIAL
EXIT IS IDENTIFIED PATENT
ABANDONED
If one were to continue, initial costs
could vary considerably (between
6k and 25k) depending in which
countries the application is filed