United States Patent and Trademark Office Issues 8 Millionth Patent | WPN World People News

The Department of Commerce’s United States Patent and Trademark Office (USPTO) today issued its 8 millionth patent to Second Sight Medical Products, Inc., for a visual prosthesis apparatus that enhances visual perception for people who have gone blind due to outer retinal degeneration. The invention uses electrical stimulation of the retina to produce the visual perception of patterns of light. The product – the Argus® II – is currently in U.S. clinical trials and has received marketing approval in Europe.

“This kind of innovation is a driver of our nation’s economic growth and job creation,” said Under Secretary of Commerce for Intellectual Property and Director of the USPTO David Kappos. “The USPTO plays a major role in serving America’s innovators by granting the intellectual property rights they need to secure investment capital, build companies and bring their products and services to the global marketplace.”

“Second Sight has 90 issued U.S. patents surrounding technology associated with sight restoration for the blind and treatment of a variety of other medical conditions,” said Robert Greenberg, president and CEO of Second Sight. “This patent protection and significant federal support for innovation have already played key roles in creating nearly 100 U.S. jobs at our company. Once the Argus II has FDA approval in the United States, we expect to create hundreds of more jobs over the next several years, while delivering a breakthrough treatment for a previously untreatable medical condition.”

It took 75 years to get to patent 1 million in August 1911, yet just under six years to get from patent 7 million to today’s 8 millionth patent.

Source: United States Patent and Trademark Office