Patents

RECENT NEWS
Reuters  Apr 14  Comment 
* Kudelski Group and Google enter into patent cross license agreement Source text for Eikon:
TechCrunch  Apr 14  Comment 
 Apple has a new patent, granted today by the USPTO (via AppleInsider), that would use contextual information including your current time zone, ringer silence status, battery life, location and cell network strength to automatically determine...
Motley Fool  Apr 9  Comment 
GoPro recently received a patent for a cube-shaped camera housing that could point to new hardware releases.
Financial Times  Apr 9  Comment 
Scuffle breaks out as Silicon Valley pushes to curb frivolous patent litigation
TheStreet.com  Apr 7  Comment 
NEW YORK (TheStreet) -- Arena Pharmaceuticals shares are up 5.5% to $4.60 in trading on Tuesday after the biopharmaceutical company announced that it received an additional patent for its weight loss treatment, Belviq.The U.S. Patent and...
Wall Street Journal  Apr 7  Comment 
Hedge-fund manager Kyle Bass’s patent challenge against Jazz Pharmaceuticals illustrates a new strategy of challenging U.S. drug patents while shorting shares of the holder and wagering on potential winners.
Financial Times  Apr 7  Comment 
Ruling could change the way royalties are set for intellectual property
TechCrunch  Apr 7  Comment 
 Apple has a new patent (via AppleInsider) for 3D gesture control, specifically describing the tech used to help a computer identify hand motions made by a user. The patent goes into detail about how the system can not only recognize gestures,...
FiercePharma  Apr 6  Comment 
Hedge fund manager Kyle Bass has struck out at drug patents once again. Just weeks after challenging two patents on an Acorda Therapeutics drug, Bass asked the U.S. Patent and Trademark Office to reconsider coverage on two Shire meds, Lialda and...




 
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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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