Sentences with phrase «royalties after the expiration»
Fifty years ago, the U.S. Supreme Court ruled that a patent license agreement that requires the licensee to pay royalties after the expiration of the licensed patent is unlawful per se, because such payments effectively extend the patent monopoly beyond the statutory term and prevent the invention from becoming part...
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Furthermore, the «Queen» patent royalties may continue longer than one might initially anticipate; a chart prepared for investors in the March 8 presentation shows royalties continuing for up to 30 months after patent expiration because royalty payments must be made on medicines produced during the patent lifetime, not just sold during this period.