GLOSSARY The Patents Act‚ 2005 Section 2. (1) of the Patents Act‚ specifies the following terms‚ c. "Convention application" means an application for a patent made by virtue of section 135; d. "convention country" means a country or a country which is member of a group of countries or a union of countries or an Inter-governmental organization referred to as a convention country in section 133; j. "invention" means a new product or process involving an inventive step and capable
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The Indian Scenario- Patent v/s Patient ABSTRACT: Compulsory licenses are involuntary contracts between willing buyer and unwilling seller imposed or enforced by the state. A compulsory license is a legal instrument designed to force intellectual property owners to license out their statutorily granted right to interested third parties capable of manufacturing the patented product at cheaper prices. Countries such as Brazil‚ Thailand and India have used the policy to procure life-saving drugs for millions
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because all my life I have worked for most of my belongings. I was brought up where if I bought my own things I would respect what I have much more. I would contribute a lot of the money to a charity such as St. Jude because my sister has seizures and by seeing how money for treatments and all can be troubling some time‚ money is a great need in the time of need! My sister has gone through more than most people have at her age. With seeing her struggle and see how troubling daily life can be it makes
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Lipitor new strategy for patent expired NTU EMBA 100B Paul‚ Wai-Hou Chan 陳惠濠 Table of Contents I. Introduction II. About Lipitor (Atorvastatin) III. Pfizer’s strategy IV. Patients seem to benefit from Pfizer’s new strategy V. Potentially profitable for retailers VI. Pfizer after Lipitor VII. Is Pfizer’s Lipitor strategy working? VIII. Wholesaler Profits: Brand vs. Generic drug IX. Pfizer is hoping to sell Lipitor to consumers over the counter (OTC) X.
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Comparison between Homestead and Free Patents | Homestead Patent | Free Patent | Definition | A dwelling with adjacent land.A mode of acquiring public land by grant to persons seeking to establish and maintain agricultural homes thereon conditioned upon actual‚ continuous and personal occupancy of the same as a home‚ and the cultivation and improvement of the land. | A mode of acquisition through the confirmation of an imperfect or incomplete title over a parcel of public land suitable for and
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(Answers at back) Disclaimer: This practice exam covers a selection of the types of questions that may be asked in the mid-semester exam‚ however it should not be taken as being exhaustive as to the topics that could be included in the exam. Students should therefore not be surprised if other types of questions appear in the exam. 1. $200 invested today and earning 8 per cent per annum compounded semi-annually will grow to what amount at the end of three years? (A) (B) $251.94 (C)
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In the article “In 2‚000 Years‚ Will the World Remember Disney or Plato?” written by Mark Rice-Oxley‚ he analyzes the impacts of American culture around the world. From music to media‚ film to fast food‚ language to literature and sport‚ the American idea is spreading inexorably (Rice-Oxley 163). Rice-Oxley questions what does American culture in fact bring to the world and how long it will last. Not everyone thinks American culture will stand the test of time (Rice-Oxley 167). Rice-Oxley points
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CHAPTER 26 NAME 10-MINUTE QUIZ A SECTION #___________________ Indicate the best answer for each question in the space provided. 1 Which of the following is not a capital budgeting decision? a Whether to acquire a subsidiary company. b Whether to expand a product line. c Whether to fill a special order. d Whether to purchase a fleet of trucks. 2 Which of the following is an example of a nonfinancial consideration in capital budgeting? a Will an investment generate adequate cash flows to promptly
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think for themselves. From cheating on an exam to copying other people’s ideas‚ that seems to be the norm in our society: most people want the easy way out for everything‚ as thinking is actually hard to do. So for the very few people who do put effort into thinking and use their creativity to develop novel ideas and implement them through the commercialization of a product or service‚ they have to be rewarded so that all their effort‚ time‚ and money aren’t spent in vain. From a rule utilitarian
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ten years the way we consume media has changed exponentially. This change has been brought about through the rise of the modern‚ high speed‚ easy access internet and companies whose business models are to bring content directly to your living room. Looking at case studies of two companies Netflix and Blockbuster allows for an easy understanding of how and why this industry has changed. At its peak Blockbuster Rentals employed 60‚000 people and had more than 8000 stores worldwide in 2004. This was
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