The owner of the patent shall have the right to renew it once for a period that does not exceed five years, provided to ask for the renewal in the last year and to prove that the invention has a unique importance and that he did not yield profits compatible to his efforts and expenses.
The Office of the Industrial and Commercial Protection is entitled to ask the applicants for carrying out the amendments deemed necessary within the period defined by the Implementing Regulations of the law. If the applicant did not carry out this procedure, he will be deemed as abandoning his application.
YES. The rights of a patent and all entailed rights are transferred through succession, and invention proprietorship is also transferred in whole or partially in return for compensation or not, and it can be mortgaged as well.
