INTELLECTUAL PROPERTY Flashcards
Protecting valuable innovations and discoveries is crucial for the pharmaceutical industry.
INTELLECTUAL PROPERTY
Leveraging _____ rights can provide a competitive edge and ensure continued investment in research and development.
INTELLECTUAL PROPERTY
4 rights of intellectual property:
• PATENT
• TRADE SECRETS
• COPYRIGHT
• TRADEMARK
___ and ___ safeguard the product bame and formulation, ensuring exclusivity in the market.
TRADEMARKS AND PATENTS
Trademarks and Patents safeguard the product bame and formulation, ensuring exclusivity in the market.
BRAND PROTECTION
Trademark and Patents safeguard the product ___ and ____, ensuring exclusivity in the market.
NAME and FORMULATION
IP documentation support regulatory submissions and helps gain market access approvals.
REGULATORY APPROVALS
Exclusive rights allow companies to promote the product’s unique features and benefits to consumers.
MARKETING ADVANTAGES
Strategic IP planning extends product longevity and defends against generic competition.
LIFECYCLE MANAGEMENT
IPO
INTELLECTUAL PROPERTY OFFICE
It is a legal right granted by the government ti an inventor, providing them with exclusive rights to their innovation for a limited period of time.
PATENT
Patent is a legal right granted by the _____ ti an inventor, providing them with exclusive rights to their innovation for a limited period of time.
GOVERNMENT
It can provide wide range of inventions, including new products, processes, and compositions of matter, as long as they meet certain criteria.
PATENTS
To be patentable, an invention must be ___, ____ and have a _____.
NOVEL
NON-OBVIOUS
PRACTICAL APPLICATION or UTILITY
New drug molecules and compounds that demonstrate therapeutic utility and eligible for patent protection, provided they meet the requirements of novelty and non-obviousness.
PHARMACEUTICAL COMPOUNDS