The patent application was filed by Tomy International, Inc. for a wheel for a toy car. It was filed on May 13, 2020 before being approved on Aug. 3, 2021.
It was the only patent approved in the week ending Aug. 7 from Oak Brook.
Though patents are required for inventions and products, the granting of a patent is not a guarantee for success. Dennis Crouch, co-director of the Center for Intellectual Property & Entrepreneurship said roughly 50 percent of patents expire prematurely due to costs.
Longest patent application period in Oak Brook for week ending Aug. 7
| Applicant Name | Filing Date | Granted Date |
|---|---|---|
| Tomy International, Inc. | 2020-05-13 | 2021-08-03 |
Alerts Sign-up