Sentences with phrase «expiring patents»

"Expiring patents" refers to patents that are reaching the end of their exclusive period of protection. After a certain number of years, usually 20, a patent's rights expire, allowing others to use, sell, or produce the invention without infringing on the original patent holder's rights. Full definition
It only puts the content of expired patent in the public domain.
If a company has a large enough portfolio of products, each protected by patents, and they have enough momentum to replace expiring patents with new patents, then they can have a durable economic advantage in their technological or medical niche.
The pharmaceutical industry is under pressure from every corner, with expiring patents on blockbuster drugs, research and development productivity on the wane and constant negative pricing pressure forcing the need to rationalise.
While the rest of the pharmaceutical sector struggles to keep afloat as expiring patents send profits plummeting, the vaccine industry has become remarkably buoyant.
The transparency of Prime's mental model is what empowers Amazon's most notable interaction design achievements for shopping: the simplicity and elegance of Amazon's recently expired patent on one - click purchases, which laid the groundwork for shopping by voice on Alexa, as well as the interactive design of Amazon's dash buttons.
In the United States, where instances of obviousness - type double patenting are found, it is often straight forward to file a «terminal disclaimer» on a later expiring patent, shortening the term of protection to be the same as the earlier patent.
Positive job news offset by fears about device tax and expiring patents Anyone reading this month's Employment Situation Summary from the Bureau of Labor Statistics would have reason to believe things are looking up economically.
Patent trolls usually acquire rights to unused or soon - to - expire patents with no motive of using the patent, other than to frighten business owners into settling out of court, rather than fighting a hopeless patent case.
Overall, J&J's got some challenges ahead of it because of expiring patents, but it's successfully using pricing to maintain market share.
Recently, however, Bloomberg tasked two patent lawyers to examine Hettinger's expired patent.
(Sometimes called non-practicing entities, patent trolls purchase rights to expired or soon - to - expire patents and then sue businesses for infringement, with no other goal than a quick monetary settlement.)
Kåre Schultz will take over as CEO at a time when the pharmaceutical company struggles with competition, downward pressure on drug prices, expiring patents, rising operational costs, bribery investigations, fines and failed acquisitions.
The F.D.A. grants temporary «data exclusivity» to groups that show new uses for drugs with expired patents.
[7] The Chrysler system was based on some of Davis» expired patents.
«We had ideas, we were doing a lot of research, reading a lot of patents — many of which were expired patents — recreating experiments, and really, truly forging ahead to make this thing work.
To revive an expired patent, this team of young designers turned to crowd - sourced funding to make it a reality.
The USPTO advises patentees who need to file a petition to accept a delayed maintenance fee payment due to the effects of Hurricane Katrina to promptly file a petition under 37 CFR 1.378 (c)(using USPTO form PTO / SB / 66 — Petition to Accept Unintentionally Delayed Payment of Maintenance Fee in an Expired Patent (37 CFR 1.378 (c)-RRB- accompanied by the applicable maintenance fee payment (but not the surcharge under 37 CFR 1.20 (i)-RRB- and a copy of this notice.
It also includes a section on product switching, where a product covered by a soon - to - expire patent is phased out and replaced with a new patented product.
Thanks to mergers and acquisitions, expiring patents, FDA rejections, and more, job security in medical sales can be hard to come by.
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