Patents

RECENT NEWS
Forbes  1 hr ago  Comment 
The Supreme Court could overturn a decision that threatens thousands of businesses that sell used goods, or that make or sell products with many patented parts.
The Hindu Business Line  Dec 4  Comment 
Pharma player Zydus Cadila has announced that the patent litigation relating to Allergan's Delzicol (mesalamine) has been settled. The settlement, subject to the approval from the regulator, will ope...
The Hindu Business Line  Dec 3  Comment 
Pharma player Zydus Cadila on Saturday announced that the patent litigation relating to Allergan's Delzicol (mesalamine) has been settled. The settlement, subject to the approval from the regulat...
New York Times  Dec 2  Comment 
Impression Products has been buying Lexmark ink cartridges to refill and resell them. Lexmark claims this infringes its patents.
newratings.com  Dec 2  Comment 
WASHINGTON (dpa-AFX) - Allergan Inc. (AGN) announced the company, along with Qualicaps, have reached a settlement regarding their litigation with Zydus Pharma and Cadila Healthcare on a patent in connection with Allergan's DELZICOL. The...
Wall Street Journal  Dec 1  Comment 
Biogen’s big patent dispute puts blockbuster drug revenues at risk.
TechCrunch  Nov 30  Comment 
 Game tech startup Skillz today launched a service that allows brands to easily sponsor and host mobile e-sports tournaments for any game titles that they like, as long as they are already part of the Skillz platform. As we’ve previously...




 
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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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