Patents

RECENT NEWS
BBC News  3 hrs ago  Comment 
Huawei is suing its tech rival Samsung in two countries over claims that several of its patents have been infringed.
FiercePharma  8 hrs ago  Comment 
Takeda loses again to Hikma in gout drug patent battle ewasserman Tue, 05/24/2016 - 09:30
Clusterstock  May 23  Comment 
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday rejected a Dow Chemical Co bid to salvage $30.5 million in patent infringement damages in a lengthy legal fight with Nova Chemicals Corp[INPTVN.UL] over two patents relating to plastic...
The Economic Times  May 23  Comment 
With these new patents, Suven has a total of 24 granted patents from Australia, 17 from Eurasia and 9 from Israel and 24 from the US.
Benzinga  May 20  Comment 
Cellectar Biosciences, Inc. (NASDAQ: CLRB), an oncology-focused biotechnology company, revealed Friday that it got patent identification numbers for its Phospholipid-Ether Analogs as Cancer Targeting Drug Vehicles. The company has filed...
Clusterstock  May 20  Comment 
Airbus is trying to take high-speed helicopters to a whole new level. Last month, the US Patent and Trademark Office approved an application from Airbus Helicopters' Axel Fink, Ambrosius Weiss, and Andrew Winkworth for a new compound...
newratings.com  May 20  Comment 
VIENNA (dpa-AFX) - Google has received patent for an adhesive coating on its self-driving cars that would stick humans to the hood like flypaper, and avoid any nasty injuries if hit a pedestrian, media reported. The patent describes a layer of...
CNNMoney.com  May 19  Comment 
Read full story for latest details.




 
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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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