Patents

RECENT NEWS
The Hindu Business Line  Mar 16  Comment 
Suven Life Sciences Ltd has secured patents in the US and New Zealand for one of its New Chemical Entities (NCE) for central nervous system therapy. The granted claims of the patent incl...
Benzinga  Mar 13  Comment 
Enzymotec Ltd. (Nasdaq: ENZY) ("Enzymotec" or the "Company"), a developer, manufacturer and marketer of innovative bio-active lipid ingredients, announced today that it has been granted new patents by the U.S. Patent and Trademark Office and...
The Hindu Business Line  Mar 11  Comment 
The Intellectual Property Appellate Board (IPAB) on Wednesday ordered that Wockhardt need not produce any additional documents for evidence in a patent case against Novartis AG relating to an anti...
The Straits Times  Mar 10  Comment 
March 11, 2015 1:58 AM A PROCESS to make patent applications easier for Cambodian and Singaporean firms has already borne fruit.
The Hindu Business Line  Mar 10  Comment 
The Indian Patent Office has revoked a patent granted to Boehringher Ingelheim’s respiratory drug, Tiotropium Bromide Monohydrate, in its crystalline salt version. The patent was revoked...
The Hindu Business Line  Mar 9  Comment 
To meet Commerce Minister Sitharaman tomorrow
Benzinga  Mar 9  Comment 
Concurrent (NASDAQ: CCUR), a global leader in unified content delivery, video analytics, and real-time Linux® solutions, today announced it has been granted two new patents for its unique resilient video streaming technology. U.S. Patent numbers...
The Hindu Business Line  Mar 9  Comment 
Pharmaceutical firm Suven Life Sciences has been granted a patent each by Eurasia and Israel for drug used in the treatment of neuro-degenerative diseases. Neuro-degenerative ailments inc...
Cellular News  Mar 6  Comment 
The patents include standard essential patents related to the 2G and 4G/LTE standards as well as other patents that are critical to features and functionality of Apple devices Click here for more.




 
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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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