PTAB Expands Definition of "Covered Business Method"

The PTAB recently held that patent claims need not “particularly target the financial industry” in order to qualify as a “covered business method” under Section 18 of the America Invents Act (AIA).  Symphony Health Solutions Corp. v. IMS Health, Inc., Case CBM2015-00085 (Patent 8,473,452 B1) (PTAB Sept. 10, 2015).  Rather, it is enough that the “challenged claims recite a system and method used in the practice, administration, or management of financial services and products.”

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