Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 175

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 175
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 was entitled to the patent, while outside the United States,
the first to file a patent application was entitled to the patent. After March 2013, under the Leahy-Smith America Invents Act (the “America
Invents Act”), enacted in September 2011, the United States transitioned to a first inventor to file system in which, assuming that
other requirements for patentability are met, the first inventor to file a patent application will be entitled to the patent on an invention
regardless of whether a third party was the first to invent the claimed invention. A third party that files a patent application in the
USPTO after March 2013, but before us or our licensors could therefore be awarded a patent covering an invention of ours or that we in-licensed
even if we or our licensor had made the invention before it was made by such third party. This will require us or our licensor to be cognizant
of the time from invention to filing of a patent application. Since patent applications in the United States and most other countries
are confidential for a period of time after filing or until issuance, we cannot be certain that we or our licensors were the first to
file any patent application related to our products or invent any of the inventions claimed in our patents or patent applications or that
of our licensors.

The America Invents
Act also includes a number of significant changes that affect the way patent applications will be prosecuted and also may affect patent
litigation. These include allowing third-party submission of prior art to the USPTO during patent prosecution and additional procedures
to attack the validity of a patent by USPTO administered post-grant proceedings, including post-grant review, inter- partes review and
derivation proceedings. Because of a lower evidentiary standard in USPTO proceedings compared to the evidentiary standard in U.S. federal
courts necessary to invalidate a patent claim, a third party could potentially provide evidence in a USPTO proceeding sufficient for the
USPTO to hold a claim invalid even though the same evidence would be insufficient to invalidate the claim if first presented in a district
court action. Accordingly, a third party may attempt to use the USPTO procedures to invalidate our patent claims or those that we have
in-licensed that would not have been invalidated if first challenged by the third party as a defendant in a district court action. Therefore,
the America Invents Act and its implementation could increase the uncertainties and costs surrounding the prosecution of our patent