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We had an idea that has already been patented but not produced. The maintenance fees have lapsed. Are we able to buyout the patent? Or does the current patent holder have the opportunity to become current with the fees prior to purchase?

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No one can "buy" it from the USPTO. If it lapsed within the last 2 years and the patent owner can convince the USPTO that missing the maintenance fee payment was unintentional, then they can get it revived. Once revived, they can sell it to you. However, if it wasn't truly unintentional, you have a patent with a built-in weak spot that will be poked at if you ever get in the position of enforce in the part rights. –  George White Jun 26 at 0:59

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Sorry, my post went in wrong area. This deletes it.

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This does not really answer the question. If you have a different question, you can ask it by clicking Ask Question. You can also add a bounty to draw more attention to this question once you have enough reputation. –  George White Jun 26 at 5:24

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