They never saw a patent right or copyright that they did not like or want augmented.
While a drug is protected by a patent, the company has the exclusive right to sell it--and that often results in a single drug bringing in sales of billions of dollars.
And if a patent is valid, the branded producer has a right to deny the generic drug maker access to the market until that patent expires.
FORBES: The Times Reproduces The FTC's Flawed Position On Drug Patent Settlements
The Supreme Court has already said that abstract ideas, natural phenomena and laws of nature cannot be given a patent, which gives an inventor the right to prevent others from making, using or selling a novel device, process or application.
The appellate board, which is based in the southern city of Chennai, said the patent authority was right in allowing a compulsory license for Nexavar as Bayer hadn't priced the drug at "reasonably affordable" rates.
This is part of the contract that forms the basis for the patent system: in exchange for teaching the public how to practice the invention, a patent holder is granted a time-limited right to exclude others from doing so.
FORBES: Patent Reform: Five Things Technology Companies Need to Know
Patent a miracle drug, choreograph the pricing just right and you recover your sunk costs efficiently, earn a good profit and move on to your next miracle.
The Department of Energy has applied for a patent on the technology, and Halstead's company has the right to an exclusive license.
At root, this case tests whether courts can realistically enforce their judgments, including, as in this case, the judgment that a patentee has been denied the right to control the use of its patent.
FORBES: TiVo V. EchoStar: Abusing The Courts Instead Of Respecting The Patent
Just as Coca Cola has protected its soft drink formula from Pepsi and other competitors for more than a century under U.S. Patent law, these frac contractors also have the right to protect their patented compounds and formulas.
Right now there is a lot more dread about drugs that will lose patent protection than there is excitement about the company's experimental medicines, even though Pfizer is now testing 47 midstage compounds, more than at any other time in its history.
In a patent app made public this month, RIM's lab geeks describe setting up a proxy server right on the phone that would intercept the browser's web requests and bundle, compress, and send them to a gateway on the other end (BIS, we presume) that would know how to deal with the packet.
ENGADGET: RIM patent app will have you barely browsing the web at incredible speeds
There are over 800, 000 slot machines in the U.S. and right now a minimum of 3, 000 and perhaps 10, 000, and growing, are allegedly patent infringing group slot machines.
FORBES: Lawsuit Victories Against Apple And Google Fuel Investor Interest In MGT
Not only could the combination pill be a blockbuster in its own right, but it could preserve the Lipitor franchise for another decade after the drug loses patent protection, probably in 2010.
应用推荐