Patents

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Yahoo  Oct 22  Comment 
Reviled as patent trolls, they have attacked everything from Google's online ads to Apple's iPhone features, sometimes winning hundreds of millions of dollars. "Their entire business model relies on intimidation, and that has lost its edge," said...
Forbes  Oct 21  Comment 
Is remote working no longer working? Based on recent news stories chronicling major corporations such as Yahoo! ditching their telecommuting policies, the answer is no—not at all. The remote-working-isn't-working crowd seemed to gain more...
TechCrunch  Oct 21  Comment 
 Apple has secured a new patent that suggests it may add more features and capabilities to its automotive software in the future. The patent, published by the USPTO today (via AppleInsider), describes a system in which an iPhone acts as an...
newratings.com  Oct 21  Comment 
Press Release: 4SC further strengthens patent protection for its lead compound resminostat DGAP-News: 4SC AG / Key word(s): Patent Press Release: 4SC further strengthens patent protection for its lead compound resminostat 21.10.2014 /...
Benzinga  Oct 20  Comment 
Top intellectual property licensing company, WiLAN (TSX: WIN) (NASDAQ: WILN), today announced that the company has entered into a second patent assignment agreement ("Agreement") with Panasonic Corporation ("Panasonic"). Under the Agreement,...
FiercePharma  Oct 17  Comment 
Prime Minister Narendra Modi got an ear full from both constituents and the U.S. drug industry about India's approach to drug patents during his first visit to the U.S. last month. Three weeks later, there is evidence the government will take a...
Forbes  Oct 16  Comment 
Patent Boxes Encourage R&D and Manufacturing, Taxing IP Revenues At Low Rates. Why Not Keep Them at Home Instead of Offshore?
Insurance Journal  Oct 15  Comment 
Earth Networks Inc., a Maryland company that provides weather-tracking services, has received a patent on a technology that can be used to track storm cells. Patent 8,836,518 covers a method that uses lightning-flash rates to track the cells....




 
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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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