A start-up had a PCT (international) patent application with a favorable examination from the international bureau. The client was also seeking of investment money to fund a production run.
GMI used the USPTO’s Patent Prosecution Highway program, which allows US patent applications to “move to the front of the line” for examination if there’s a positive PCT report. Prosecution and issuance of the US application was completed in months, rather than several years.
The client was able to leverage the issued patent as collateral for investment in the company.