Patent No. 10,000,000 Shows Interest Strong Despite Risks

Law360 (June 19, 2018, 9:53 PM EDT) -- U.S. Patent Number 10,000,000 was issued Tuesday, just three years removed from Number 9,000,000, and attorneys say the rapid growth in issued patents shows they remain an important tool for protecting innovation, even at a time of widespread validity challenges.

The U.S. Patent and Trademark Office issued the first eight-figure patent to Raytheon Co. for a laser detection system with applications in medical imaging devices, autonomous vehicles and other fields. President Donald Trump signed the patent at a White House ceremony, making him the first president to sign a patent since Gerald Ford did it to mark the U.S. bicentennial in...

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