things Myriad researchers are trying to learn how the various sequences of DNA in the human body actually do and how those sequences can be applied in medicine. During one of their researches in 1991 the company made an extraordinary discovery of two genes‚ today known as BRCA1 and BRCA2‚ which under certain conditions were able to elevate the risk of women developing cancer in their life. Of course‚ the company was very enthusiastic about their discovery since it was possible for it to become a break-through
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INTELLECTUAL PROPERTY RIGHTS The character of world trade has undergone significant changes in the last decade. Many issues have come to the fore to influence the trade patterns. The concerns of environment‚ assertions on human rights the sympathy (?!)‚ for child labour‚ to mention a few‚ have‚ been exerting dominant influences. Transfer of polluting industries to the developing nations‚ using poor economies for pollution control are all totally new issues defying the relevance of the traditional
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1) PHARMACEUTICAL INDUSTRY ANALYSIS 1.1 Industry Background: The total industry can broadly be classified into two categories. Theses are a) Patent Medicines b) Generic Medicines Patent medicines are the products that are invented by the company‚ who have their own research team working on their own laboratories. These products are patented for many years to enjoy the monopoly market. After years of business the formulation is sold in the market so that others can go into mass production
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brand after the patent expired When the patent expires the inventor has no longer exclusive rights to her or hers invention opening it up to everyone. At this point other companies can offer competitive products at reduced prices. It seems that Gore-Tex was smart enough to take advantage of their own patent and expand the product line to include other products using the same technology. 2.What activity can firms use to try to maintain any advantage developed during the patent protection phase
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years ago with the introduction of six new drugs. Five of the six drugs were simply permutations of existing drugs and therefore did not sell very heavily. The sixth drug‚ however‚ addressed hypertension and was a huge success. Since Tazer had a patent on the hypertension drug‚ it experienced no competition‚ and profits from the hypertension drug alone kept Tazer in business. During the past 12 years‚ Tazer continued a moderate amount of research and development‚ but it never stumbled upon a
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pick the movies they couldn’t watch online shipped to their house. Netflix filed a lawsuit against Blockbuster for patent infringement (Sanders). There were two patents that Blockbuster copied from Netflix: The first patent which was issued to Netflix in 1999 included the process where customers can pick and choose movies from the convenience of their home (Sanders). The second patent that was copied just this year was where customers would receive one or two movies at a time and not incur any late
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Non-technical Features in Japan versus the US and Europe By: Hideo FURUTANI‚ Japanese Patent Attorney Furutani Patent Office TEK No. 2 Building 1-23-20‚ Esaka-cho‚ Suita-city Osaka‚ 564-0063 JAPAN 1. Introduction This paper describes business method patents and patents with non-technical features in Japan and compares them to those in the United States and Europe. First‚ the basic requirements for patents and examination guidelines in Japan will be described. Then‚ hypothetical claims
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Describe the main physical and technological resources required in the operation of a selected organisation Physical resources Within physical resources there are many points which must be taken into account to ensure a business is at its peak‚ these include things such as materials‚ waste‚ insurance‚ equipment including ICT‚ buildings and facilities‚ planned maintenance and refurbishment‚ security‚ plant and machinery. These particular resources are what help maintain physically the resources
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FROM INVENTOR TO ENTREPRENEUR: OPTIMISIM VERSUS REALITY © Phil Thompson – Business Lawyer‚ Corporate Counsel – www.thompsonlaw.ca To many people‚ the definition of an entrepreneur is inventor who goes from the workbench to the marketplace to a major stock exchange. However the rag to riches scenario is an exception to the rule. A recent study by a Canadian economist puts reality into measured perspective. No Surprise: The Odds Are Stacked Against You In 1998‚ Thomas Åstebro conducted
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humanitarian and financial targets (break-even). For example‚ Cipla has allowed programs like the PEPFAR to provide treatments to millions of people in Africa; * Some governments (South Africa in particular) have decided to modify their nations’ patent laws to import and/or manufacture cheap generic drugs. Nelson Mandela has put a huge pressure on MNCs which were accused of focusing too much on profit. This paved way to the introduction of efficient drugs at low price by companies like Cipla in
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