WASHINGTON (AP) — The nation's outmoded patent system, which has forced innovators and inventors to wait years and outlast challenges and lawsuits before getting recognition for their products, would be overhauled under a measure passed Tuesday by the Senate.
The legislation, which was approved 95-5, transforms a patent system now operating under a law passed in 1952, at a time when the high-tech revolution was still in the future and international competition was still negligible. It now moves to the House.
President Barack Obama said he looked forward to signing into law "the most significant patent reform in over half a century" to help grow the economy and create jobs.
To read the full, original article click on this link: The Associated Press: Senate passes bill to overhaul patent system
