Forbes  58 min ago  Comment 
What comes after the Apple Watch? While Tim Cook and his team update the wearable through WatchOS 2 and are working on the next iteration of the hardware, I've no doubt that the R&D personnel are hard at work answering the question 'what happens...
TechCrunch  Oct 1  Comment 
 Today Google published a patent application for using holograms in a head mounted display like Google Glass. It would effectively let Google create augmented reality experiences that superimpose computer-generated imagery (CGI) atop the real...
The Economic Times  Oct 1  Comment 
PM Narendra Modi has slammed the delays in approving patent and trademark applications and asked for a reduction in paperwork for speedier clearances.
Benzinga  Sep 30  Comment 
The Spectranetics Corporation (NASDAQ: SPNC) today announced that a jury in the U.S. District Court for the Northern District of California has found against its wholly-owned subsidiary, AngioScore Inc., the plaintiff in a lawsuit seeking damages...
Benzinga  Sep 30  Comment 
iBio, Inc. (NYSE MKT: IBIO), a leader in plant-based biotechnology for developing and manufacturing biological products, today announced a notice of allowance for a Chinese patent application in the company's iBioModulatorâ„¢ thermostable...
Benzinga  Sep 29  Comment 
SITO Mobile Ltd. (NASDAQ: SITO), a leading mobile engagement platform provider, today announced that its subsidiary SITO Mobile R&D IP, LLC has been granted two patents, U.S. Patent Nos. 9,135,635 and 9,135,636, both titled "System and Method for...
FiercePharma  Sep 28  Comment 
Drugmakers that have been attacked by patent challenger Kyle Bass would like nothing more than to see him stopped in his tracks by the U.S. Patent and Trademark Office, a move that would also prevent other investment firms from following in his...



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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