Patents

RECENT NEWS
The Times of India  Nov 25  Comment 
US Trade Representative meeting high-ranking Indian officials during his India visit is worrying public health activists that he will pressurise the government to weaken India's patent law which is seen to be pro-public health, with in-built...
The Hindu Business Line  Nov 24  Comment 
In a significant development for Kerala-based Arjuna Natural Extracts Ltd, it has received a patent in the United States on BCM-95, a turmeric extract formulation that could...
Benzinga  Nov 24  Comment 
Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a specialty pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system diseases, today announced the issuance of a fifth patent (number...
The Economic Times  Nov 23  Comment 
Public health groups successfully prevented meetings that had been scheduled between a visiting delegation of a US industry patent grouping and judges of the Delhi High Court and the Intellectual Property Appellate Board last week after...
Biomass Magazine  Nov 20  Comment 
Himark BioGas International has announced the issuance to it by the South African Patents Office of a patent that covers a grit removal system for anaerobic digester tanks. The system removes indigestible solids settled on the tank floor.
BBC News  Nov 20  Comment 
Google and patent consortium Rockstar - which includes Apple as an investor - agree to settle a patent litigation suit.
FiercePharma  Nov 20  Comment 
What happens when the worst of the pharma patent cliff passes and new drug approvals surge? A big leap in drug spending. After a sluggish 5 years or so, global outlay on pharma products will jump by up to 30%--or $335 billion--by 2018, according...
Wall Street Journal  Nov 19  Comment 
Apple was ordered this week to pay $23.6 million in damages after a Texas jury found that its devices used technology patented in the 1990s by a pager company.
Forbes  Nov 18  Comment 
By Joshua Sisco and Ryan Lynch
TechCrunch  Nov 18  Comment 
 Apple has been granted a new patent by the USPTO today (via AppleInsider), which describes a mouse with an embedded scanner. The scanner can be used to actually scan images, and display them on an embedded screen, but it also would help the...




 
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Patents

Patent is the right to ownership,as part of an intellectual property law, where by a person / organization discovers a lesser known concept or invents something new and holds sole intellectual ownership rights to that particular idea. These are usually published / granted after a lot of research and exhaustive verification. Patents are generally registered with United States Patent and Trademark Office, an Agency Of The United States Department Of Commerce, in the United States and The Intellectual Property Office,a division of the Department for Innovation, Universities & Skills in the United Kingdom.

Technological Patents

Pharmaceutical Patents

Pharmaceutical patents protect manufacturers of prescription drugs, prohibiting others from producing a drug during the length of its patent protection. The length of these patents varies in different countries, though they are usually between 15-20 years. In the U.S., a pharmaceutical patent is valid for 20 years. Drug companies usually apply for patent protection before they actually begin producing the drug, opting instead to secure their rights to a particular compound at the beginning of the testing process. By the time a drug comes to market, there may only be 8-10 years of patent protection remaining, which is significantly less than the 20 offered by the patent. Companies often attempt to extend these patents by making slight reformulations of the original compound or proving its effectiveness at treating a condition other than the one for which it was originally granted a patent. This is referred to as "evergreening", a practice which many criticize.

For further information on the process of obtaining pharmaceutical patents and regulatory approval, see Clinical Trials and FDA Approval.

For more information about pharmaceutical patents in relation to generic versions of drugs, see Generic Drugs.

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