Intellectual Property Advice
Protect your pharmaceutical innovation against your competition
A pharmaceutical patent is critical for those researching and creating new medication. This ensures a time-based monopoly to utilise innovations
The time, money, and expertise that are needed to develop a new medication are immense. This is why it is necessary to ensure that your pharmaceutical patent covers all of the bases, ensuring that your company recovers the costs that it spent on the discovery and development process.
Receive Advice on different types of intellectual property
At Pharmalaw we advise on pharmaceutical patents, trademarks, and copyright amongst other forms of intellectual property as well as licensing agreements. Although it may seem difficult to navigate between the different forms of intellectual property it is very important to do this. For example, the differences between patents, trademarks, and copyright are:
- Patent: An invention or new way of doing something can be patented. Within the pharmaceutical industry, this may refer to a new chemical composition or a new process.
- Trademark: A trademark identifies your medication or services and distinguishes it from that of another party. It is important to protect your trademark since it is a valuable asset in your business.
- Copyright: This pertains to medical publishing and even advertisements if it exhibits an original intellectual effort.