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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
Persistence, Randomised trial, Control group, Open-label trial, Inclusion/exclusion criteria, European Foundation for Quality Management (EFQM), Compassionate use, Pharmaceutical Researchers and Manufacturers of America (PhRMA), Economic regulation, Royal Pharmaceutical Society of Great Britain (RPSGB), Pre-clinical trials, New Drug Application (NDA), Experimental drug, New product development (NPD), Informed consent,
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