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Healthcare Glossary
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Patent
The legal right of exclusive use and license granted by a government to the person who invents something. Pharmaceutical Patents nominally last for 20 years but the effective patent life is much lower because patents are typically granted years before a product has cleared review and been granted a license. Generally, in most jurisdictions, there are technically no differences between the legal requirements to obtain a patent for an invention in the pharmaceutical industry than there is in other fields.
See also:
License agreement
Trademark
Related terms
Trial endpoint, Placebo-controlled trial, Dose-ranging trial, Registered trademark, Brief summary, Randomised trial, Generic medicine, Effectiveness, Clinical, New product development (NPD), Treatment trials, Diagnostic trials, Over the counter (OTC), Placebo effect, Intent to treat,
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