Patents

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The Hindu Business Line  Jun 23  Comment 
Domestic medical devices maker Poly Medicure has won a patent battle against German major B. Braun Melsungen on IV catheters. The European Patent Office has ruled in favour of Poly Medicure revok...
FiercePharma  Jun 22  Comment 
GlaxoSmithKline’s heart drug Coreg has been around a good long while, but it still pumps out more revenue for the U.K. drug company to keep fighting patent battles over the drug. Teva now finds itself on the losing end of one of those fights in...
Cellular News  Jun 21  Comment 
Benu Networks, a leading provider of innovative virtual network solutions that enable service providers to rapidly create and deliver next generation IP services, today announced the issuance by the United States' Patent...
MarketWatch  Jun 21  Comment 
Apple Inc. broadened its legal offensive against Qualcomm Inc. on Tuesday, arguing in a court filing that some of the chip supplier’s patents were invalid and that its business model violates patent law.
Channel News Asia  Jun 20  Comment 
The U.S. Supreme Court's unanimous backing on Monday of a ruling by the country's top patent court was a rare instance of agreement with a body whose decisions in that specialized area it regularly overturns.
Reuters  Jun 19  Comment 
The U.S. Supreme Court's unanimous backing on Monday of a ruling by the country's top patent court was a rare instance of agreement with a body whose decisions in that specialized area it regularly overturns.
Cellular News  Jun 19  Comment 
TPT Global Tech (OTCBB:TPTW) announced today it recently completedandnbsp;the purchase of the technology and intellectual property of Lion Universe Technologies www.lionuniverse.com, a Los Angeles -based Mobile Technology think tank.andnbsp; The...
TechCrunch  Jun 19  Comment 
 Continuing the patent dispute internationally, China has now given the Charpentier/Doudna side a patent to edit genes in the country. CRISPR pioneers Emmanuelle Charpentier and Jennifer Doudna lost a patent case to the Broad Insititute earlier...
TechCrunch  Jun 16  Comment 
 Amazon was recently granted a patent that could be used to prevent brick-and-mortar retailers from leveraging technology in their stores that could stop shoppers from comparing prices of in-store products to those online. Yes, it appears that a...




 
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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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