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How useful is the marking of a product with “patent pending” or “patent applied for” before the grant?

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How useful is the marking of a product with “patent pending” or “patent applied for” before the grant?

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Marking of a product with the words patent pending or Patent applied for after filing of the application for patent serve as a notice to the public that an application for patent is pending with the Patent Office but there is no legal significance of these words. The infringement action can be initiated only after the patent is granted.

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