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Term of patent

Period that a patent is valid

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2 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

  • Pharmaceutical Industry (1)
  • Market Competition (1)
  • Government Intervention (1)
  • Patent Expiration (1)
  • Pharmaceuticals (1)
  • Economy (1)
  • Finance (1)

🏷️ Keywords

Patent expiration (2) · Novo Nordisk (1) · Wegovy (1) · Ozempic (1) · Weight-loss drugs (1) · Price cuts (1) · Donald Trump (1) · Pharmaceutical competition (1) · Merck (1) · Keytruda (1) · Sales forecast (1) · Biosimilars (1) · Pharma news (1) · Wall Street (1)

📖 Key Information

The term of a patent is the maximum time during which it can be maintained in force. It is usually expressed in a number of years either starting from the filing date of the patent application or from the date of grant of the patent. In most patent laws, annuities or maintenance fees have to be regularly paid in order to keep the patent in force.

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