Patents

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Cellular News  Aug 4  Comment 
SIMI VALLEY, Calif. , Aug.andnbsp;Airborne Wireless Network (OTC QB: ABWN) is pleased to announce that Marius de Mos, the Company's Vice President of Technical Affairs and Development, as inventor, has filed with the USTPO on July 25, 2017 , a...
FiercePharma  Aug 3  Comment 
AbbVie sued Boehringer Ingelheim for patent infringement as the latter drugmaker eyes the market with its phase 3 Humira biosimilar.
TechCrunch  Aug 2  Comment 
 Aqua Licensing is a four-year-old patent advisory and transaction firm that typically works behind the scenes, helping companies sell their patents. But it has a new proposal for venture-backed startups that are in fundraising mode: it wants...
GenEng News  Jul 31  Comment 
Chimeric antigen receptor T-cell receptor (CAR-T) and CAR-modified natural killer (CAR-NK) therapeutics can be produced faster and at less cost, Cesca Therapeutics says, through the cellular processing technology covered by a recently awarded...
The Hindu Business Line  Jul 28  Comment 
The stock of HEG will remain in focus, as the company has been granted an Indian patent for an invention named “A process for making high-performance graphite nipple”. The patent has been issued by I...
Cellular News  Jul 28  Comment 
MOUNTAIN VIEW, Calif.andnbsp;MobileIron (NASDAQ: MOBL), the security backbone for the multi-cloud enterprise, today announced that it has been issued 15 new patents in 2017 by the United States Patent and Trademark Office (USPTO), bringing the...
TechCrunch  Jul 26  Comment 
 The University of California Berkeley has filed an appeal in a heated CRISPR patent interference case that earlier this year ruled in favor of the Broad Institute of MIT and Harvard. Read More
Channel News Asia  Jul 26  Comment 
A U.S. judge on Monday ordered Apple Inc to pay US$506 million for infringing on a patent owned by the University of Wisconsin-Madison's patent licensing arm, more than doubling the damages initially imposed on Apple by a jury.




 
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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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