intellectual property pt.2 Flashcards
They safeguard the product name and formulation, ensuring exclusivity in the market.
Trademarks and Patents
It supports regulatory submissions and helps gain market access approvals.
IP Documentation
It allows companies to promote the product’s unique features and benefits to consumers.
Exclusive Rights
It extends product longevity and defends against generic competition.
Strategic IP Planning
It is a legal right granted by a government to an inventor, providing them with exclusive rights to their invention for a limited period of time.
Patent
Patents can protect a wide range of inventions, including new ___,___, and ___, as long as they meet certain criteria
Products
Processes
Compositions of Matter
New drug molecules and compounds that demonstrate therapeutic utility are eligible for patent protection, provided they meet the requirements of novelty and non-obviousness.
Specialized medical devices and delivery systems developed for administering drugs and medications can also be patented as part of the pharmaceutical innovation.
Innovative manufacturing processes and methods used to produce pharmaceutical products may be eligible for patent protection, especially if they enhance efficiency or product quality.
Criteria for Patentability
• Subject Matter is Patentable
• New/Novel
• Useful
• Non-Obvious
• Enablement
To be patentable, an invention must be new and not anticipated by prior art. The patent office evaluates this by comparing the claimed invention to everything publicly known before the filing date.
Novelty
The invention must also be not obvious to a person having ordinary skill in the art. This ensures patents are not granted for trivial advances that would be naturally expected.
Non-Obviousness
Even if individual elements of an invention are known, the specific combination may be considered non-obvious if it produces an unexpected result or technical effect.
Inventions must have a specific, substantial, and credible use to be eligible for patent protection. The disclosed invention must provide some identifiable and tangible benefit to society.
Utility
The patent application must enable a person skilled in the art to make and use the invention without undue experimentation. The disclosure must provide enough detail for others to replicate the invention.
Enablement
Pharmaceutical Patent Application Process
• Invention Disclosure
• Prior Art Search
• Patent Filing
The first step is to document the novel invention and submit an invention disclosure to the company’s patent team.
Invention Disclosure
A comprehensive search is conducted to ensure the invention is novel and non-obvious to existing patents and publications.
Prior Art Search
Based on the patentability assessment, a patent application is drafted and filed with the relevant patent office.
Patent Filing
Patent Lifecycle Management Strategies
• Patent Term Extensions
• Line Extensions
• New Indication Patenting
• Lifecycle Planning
Leveraging regulatory processes to extend the effective patent term and market exclusivity for key drug products.
Patent Term Extensions