Supreme Court Decision in Bilski – Good News for Inventors
Submitted by RichardBeem on Mon, 06/28/2010 - 19:03
Patent News Alert - June 28, 2010
The U.S. Supreme Court has issued its long-awaited decision in Bilski v. Kappos, holding that the basic concept of financial hedging is not patentable because it is a well-known “abstract idea.”
Based on our analysis, we believe that most technologies, including software, mechanical, chemical and electrical inventions, remain eligible for patent protection, so long as they meet the statutory requirements of utility, novelty, and non-obviousness.
For further information, see the Supreme Court’s decision in Bilski, http://www.supremecourt.gov/opinions/09pdf/08-964.pdf, or contact Beem Patent Law Firm.
Richard Beem
