And the day after a product patent expires, copycats show up in supermarkets.
Of course Dr. Reddy's can only succeed in becoming an international drug major if India adopts--and polices--a product-patent law by 2005.
The cash balance provides more than sufficient firepower for new product development and patent enforcement.
Product A was about to go off-patent and become available as a generic, and we were trying to anticipate the effect this would have on sales of Product B, still on patent.
But Like.com had a patent on product applications of computer vision.
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Congress could introduce transferable exclusivity that would allow a drug company that markets a new drug for a rare disease to extend the patent on any product in its portfolio by a given period.
Patent-to-product mapping, financial metrics and organizational data are critical to deliver the insight needed to effectively run an IP business unit that increases business value.
In the worst case scenario, poor farmers could even end up being obliged to pay royalties to the patent holder on a product their forebears had grown for generations.
By law, any patents that are deemed to be necessary to make a standards compliant product must be licensed by the patent owner at fair, reasonable, and non-discriminatory (FRAND) terms.
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His biggest concern is that "a very high percentage of our revenue is going to go off-patent within the next product cycle, " meaning in seven years, the time it takes to develop a new drug.
Even though the world is getting smaller and smaller, very few startups can yet afford to patent or even sell their product in all the relevant countries at once.
This device, by which a country orders a patent-holder to license a product against its will, has been accepted in international treaties for more than a century.
But a free and open legal system like ours is bound to be subject to a certain number of abusive holdup suits, and not just by patent trolls, but also by product liability trolls, medical malpractice trolls, and shareholder fraud trolls as well.
When his company sold its product in 2011 to a customer already embroiled in patent litigation, the plaintiff in the action then added Skyfire's technology to its suit, says Mr. Glueck, who declined to go into specifics.
He is then typically granted the sole right to sell the product for 17-20 years from the time the patent application was filed.
Chris Green, tech analyst at DMG Europe, told the BBC: "It's noticeable that in the last two to three years the pace of product development has slowed down because everyone is terrified of patent disputes, ".
However, a product I work with (a specific alloy) had a patent granted for its use in sporting goods.
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Recently a U.S. federal court upheld Ranbaxy's patent challenge against GlaxoSmithKline's Augmentin, a product that augments the unpatented antibiotic amoxicillin with a chemical that attacks a bacterial defense against antibiotics.
This was a way of capturing some of the investment made in developing the product or service, and typically resulted in a narrowly focused patent that could be used to prevent direct competition.
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According to the 2010 RBC Capital Markets study, when trial victories, settlements between drugmakers and dropped cases are combined, generic companies were able to bring their product to market before the brand-name drug's patent expired in 76 percent of the 371 drug patent suits decided from 2000 through 2009.
In the United States, generics are dirt cheap, while the market for patent protected medicines is one of the most lucrative markets for any product.
Does anyone imagine that these manufacturing delays were occurring back when these companies were making big bucks on the product, achieved by the huge mark-ups that accompany receipt of the patent protection that bars others from competing?
Despite patent expiration for some of its major products, LLY has relatively young product portfolio to offset those losses.
Ford Global Technologies enhanced their Employee Patent Incentive Award program for workers at TechShop that have built a patentable product.
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Tipped off by a California patent lawyer, Chan flew to Santa Clara in early 2000 for a product demonstration at PrediWave.
As is the case with Apple's patent contributions, however, we'll wait to see whether the patent is granted and whether these ideas will ever crystallize into a genuine product.
The biggest difference between those technologies and the patent for which Apple filed is the amount of power consumed by the product, said Michael Filler, a Caltech postdoctoral scholar specializing in photovoltaics.
The biggest differences in those technologies and the patent for which Apple filed is the amount of power consumed by the product, said Michael Filler, a Caltech postdoctoral scholar specializing in photovoltaics.
The Google patent described sensors that, among other things, disable touch inputs when the product is positioned close to a person.
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