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Patent - Wikipedia, the free encyclopedia (4946 words) |
 | A patent is a set of exclusive rights granted by a state to a person for a fixed period of time in exchange for the regulated, public disclosure of certain details of a device, method, process or substance (known as an invention) which is new, inventive and useful. |
| Most fundamentally, granting a patent confers a monopoly of sorts upon an owner, because he may legally exclude competitors from using or exploiting the invention (though strictly speaking, the word "monopoly" requires that there is no viable alternative in the marketplace). |
| Patent licensing agreements are effectively contracts in which the patent owner (the licensor) agrees not to sue the licensee for infringement of the licensor's patent rights. |
| Chemical patent - Wikipedia, the free encyclopedia (120 words) |
| A chemical patent is an important source of technical and bibliographic information. |
| Chemical patents are different from other sources of technical information because of the generic, Markush structures contained within them, named after the inventor Eugene Markush who won a claim in the US in 1925 to allow such structures to be used in patent claims. |
| Chemical patents are particularly important in the pharmaceuticals industry where they are used to protect the large investments that are necessary to develop drugs. |
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