Patents

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The Hindu Business Line  3 hrs ago  Comment 
 Suven Life Sciences Ltd secured two product patents, one each from Mexico and Singapore, corresponding to the New Chemical Entities (NCEs) for the treatment of  disorders associated wit...
The Hindu Business Line  May 21  Comment 
Says it could lead to ever-greening of patents
New York Times  May 20  Comment 
A New York group is expected to announce Wednesday that it has filed challenges to patents on Sovaldi in Argentina, Brazil, China, Russia and Ukraine.
Benzinga  May 19  Comment 
Eagle Pharmaceuticals, Inc. (NASDAQ: EGRX) ("Eagle" or the "Company") today announced that the United States Patent and Trademark Office ("USPTO") has granted U.S. Patent No. 9,034,908, which pertains to the use of the bendamustine hydrochloride...
Benzinga  May 18  Comment 
Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon"), a patent licensing company, announced today that its wholly-owned subsidiary, Signal IP, Inc. ("Signal"), has entered into a settlement and license agreement with Jaguar Land Rover North...
newratings.com  May 15  Comment 
BASEL (dpa-AFX) - Microbix Biosystems Inc. (MBX.TO) announced the District Court in Texas has ruled in favour of Novartis, the defendant, in an infringement suit related to the 18 patent claims asserted by Microbix on its patent 7,270,990 in the...
Forbes  May 14  Comment 
Shares in Orexigen Therapeutics, the maker of a weight-loss drug called Contrave, have dropped 24%  to $5 since Tuesday, when news came out that data that the drug maker had originally presented as showing Contrave prevented heart attacks 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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