The Russian Patent Office ("ROSPATENT") announced a Memorandum of Understanding with the National Patent & Registration Office of Finland, aimed at accelerating patent approval and prosecution proceedings through the creation of a Patent Prosecution Highway ("PPH"). Dozens of PPHs exist around the world, including one between ROSPATENT and the U.S. Patent and Trademark Office, which allow participating patent offices to share information concerning examination and approval of patents, ultimately streamlining the patent prosecution process, coordinating approval efforts, and reducing duplication of labor and resources. The Russian-Finnish PPH will begin coordinated operations in March of 2011.
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