Patents

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New York Times  2 hrs ago  Comment 
Judge rules the tech giant's software used technology that infringed on patents held by licensing company.
TechCrunch  Feb 23  Comment 
 Last summer, the United States Supreme Court issued a decision in Alice Corporation v. CLS Bank International in which it directed lower courts to scrutinize computer-implemented abstract methods very closely. Alice’s impact was unclear at the...
Benzinga  Feb 19  Comment 
Shares of Digital Ally, Inc. (NASDAQ: DGLY) were trading higher Thursday by more than 2 percent after the company filed for a patent related to a "breath analyzer, system, and computer program for authenticating, preserving, and presenting breath...
MarketWatch  Feb 18  Comment 
Apple has won a patent for an eyewear that would be capable of providing 3-D or augmented reality functions
FiercePharma  Feb 18  Comment 
The U.S. Patent Office gives, and the U.S. Patent Office takes away. Unfortunately for Johnson & Johnson, it was the latter for Remicade. After a re-examination of Remicade's September 2018 patent, agency officials issued a big fat rejection.
The Hindu Business Line  Feb 18  Comment 
Chairman says the aim is ensure that HAL grows as a knowledge-based organisation
TheStreet.com  Feb 17  Comment 
NEW YORK (TheStreet) -- Shares of Rosetta Genomics  skyrocketed 47.33% to $5.38 in morning trading Tuesday after the molecular diagnostics company announced patent allowances from the U.S. and Europe. Rosetta announced Tuesday it had received...
The Hindu Business Line  Feb 16  Comment 
Suven Life Sciences has been granted one patent each by Australia, Canada, Japan and New Zealand for its drug used in the treatment of neurodegenerative diseases.“Secured patents in Austral...
Forbes  Feb 13  Comment 
On February 5, 2015, Republican Bob Goodlatte introduced his so-called “Innovation Act” for patent reform on behalf of a bipartisan coalition of House members.  The Act is a replica of the 2013 bill that passed the House but did not make it...




 
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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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