InvestorsHub Logo
Followers 1
Posts 109
Boards Moderated 0
Alias Born 05/22/2009

Re: None

Thursday, 09/09/2010 5:43:14 PM

Thursday, September 09, 2010 5:43:14 PM

Post# of 59549
Something to Consider: I'll take the odds of getting a 510K approval over getting a patent granted any day.
Here's why: The average wait in the USPTO is running at 2.5 years. The PTO doesn't provide any time lines such as 150 calendar days and all the hand holding that the FDA provides the applicant. Actually, the PTO provides none whatsoever.
Now consider that 50% of all applications get rejected and are thrown out and cannot be resubmitted unless they are refiled with significant changes.
Not so w/ the FDA, with the NSE running at 3%. Additional information can be asked for and resubmitted in unlimited fashion in the 510K process. Not so with a patent application. If the PTO examiner rejects an applicants claims 3 times,the application gets flat out denied and you are out.
Dean will prevail despite all the theories being floated about. This process of dealing with the government is exasperating. I know. Just my take as a backyard inventor who has lots of experience dealing with the waiting game.