The European Patent Office announces that fee reductions for patent applications entered into force on 1 April 2018. The measures will lower a number of costs in the patent application and examination process, and help reinforce a more business friendly-approach in support of innovation.Acting on a proposal of the European Patent Office, the Administrative Council of the European Patent Organisation, had approved the fee reduction for patent applications in December 2017.The combined effect of all reduced fees is estimated to result in a total of EUR 25 million in savings for the user community in 2018 alone.

Source: epo