Patents

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Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Marathon+Patent+Group+%28MARA%29+Reports+Denial+of+IPR+Filed+by+Arm%2C+Inc./9813052.html for the full story.
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At the NSE, it soared 19.99% to Rs 209.15. Neurodegenerative diseases include Alzheimer's disease, Schizophrenia and Parkinson's disease.
DailyFinance  Sep 5  Comment 
Advanced Cell Technology, Inc. (“ACT”; OTCBB:ACTCD), a leader in the field of regenerative medicine, announced today that the US Patent and Trademark Office (USPTO) has issued U.S. patent 8,822,218 covering methods of...
StreetInsider.com  Sep 5  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Acacia+Research+%28ACTG%29+Unit%2C+Kaba+Ilco+Enter+Patent+Settlement/9809108.html for the full story.
TechCrunch  Sep 4  Comment 
 Apple has a new patent (via AppleInsider) that could help explain leaked videos showing a front screen material that is incredibly durable, and resistant to bending, scratching and shattering. The screen is thought to be based on manufactured...
StreetInsider.com  Sep 4  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Supernus+Pharmaceuticals+%28SUPN%29+Receives+Fourth+U.S.+Patent+for+Oxtellar+XR/9805426.html for the full story.
BusinessWeek  Sep 4  Comment 
With inventions of its own, Intellectual Ventures—the Valley's most despised company—tries to reinvent itself
The Hindu Business Line  Sep 3  Comment 
Suven Life Sciences has obtained three patents, one each from South Korea, China and Canada for its new chemical entities. The granted claims of the patents include the class of selective 5-HT com...
StreetInsider.com  Sep 3  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Local+Corp.+%28LOCM%29+Reports+Favorable+Settlement+in+Patent+Case+vs+Fry%27s+Electronics/9800682.html for the full story.




 
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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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