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When a company successfully secures an issued patent from the U.S. Patent & Trademark Office (USPTO) on an important discovery, technological advancement or other new and useful invention, it can boost the company’s valuation or reputation in the marketplace. For example, a patent issuance can favorably position the company for transactions with investors, or a purchaser, by demonstrating strength in the company’s intellectual property position and the ability to prevent competitors from entering or effectively competing in the company’s market. Issued patents can also serve as market differentiators to existing or potential customers who perceive value in the patented technology or otherwise create a buzz about the company in an industry. Bearing this in mind, it is generally better from the company’s perspective for its patent applications to issue as patents sooner rather than later. But what is the cost of seeking expedited issuance of a patent and what are the potential benefits?

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