What are essential oil patents and why do they matter?
Did you know Young Living holds 17 essential oil patents issued from the U.S. Patent and Trademark Office, more than any other direct sales company in Utah? We know families like yours rely on the essential oil innovation we bring to the table. Protecting those innovations so we can share oils with every home is a top priority for us—which is what makes patents so important.
A patent is a legal safeguard that protects inventions from competitors both inside and outside our industry. Patents give the patent holder the exclusive right to exclude others from making, using, selling, or importing a product, process, or design. However, these protections are limited to those products, designs, and processes that meet certain specifications according to their:
Most importantly, patents are an expression of innovation and proof of a company’s leadership in its field. As we look for new products for you to share and ways to make the most of them, it’s only natural when we take innovative steps and pioneer brand-new technologies and processes.
So, let’s dive into the wide world of patents!
Why patents matter to our Customers and Brand Partners
Patents provide any company with a long-lived competitive advantage that it passes on to its partners. Earning a patent also differentiates that company’s products and brand from competitors. When a patent is awarded to a company, it recognizes the investment that company has made toward expanding an industry’s possibilities and capabilities. That award typically protects an invention for up to 20 years from the date of application.
That’s why it’s no surprise that Young Living’s late founder, D. Gary Young, is listed as an inventor on 14 of Young Living’s patents, and CEO Mary Young is listed as an inventor on four. The company has previously filed 10 other patent applications, and Young Living products are cited on an additional 14 patent applications filed by third parties.