Any invention requiring FDA approval has the term of its patent extended by the amount of time it takes the FDA to review the invention.

Name: Any invention requiring FDA approval has the term of its patent extended by the amount of time it takes the FDA to review the invention.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The term of a patent in the United States may be extended up to five years if the invention requires FDA approval and the review process takes more than three years. This is known as a patent term extension or PTE.

Any Invention Requiring FDA Approval Has the Term of Its