A patent is a twenty year exclusive monopoly on the right to make‚ use and sell a qualifying invention. This legal authority is considered a reward for the time and effort spent in creating the invention. In return‚ the invention must be defined in detail to the Patent Office‚ which publishes the information increasing the amount of technological knowledge available to the public. Since patent rights are exclusive‚ anyone making‚ using or selling the patented invention without the patent owner’s
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Bayer Corporation has been fighting with Natco Pharma ltd. Over compulsory patent license granted to Natco in respect of Bayer’s Kidney and liver cancer drug sorafenibtosylate sold under the brand name Nexavar. The matter was on appeal before the hon’ble Bombay High Court ‘High Court’. Recently‚ the high court upheld the compulsory license granted to Natco and agreed with the findings of the controller of Patents and the Intellectual Property Appellate Board (IPAB) that the requirements prescribed
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Trade secret In regards of Schlossberger’s suggestion that the duty to respect trade secrets has limit and is overridden‚ it seem more emphasizing in whistle blowing aspect. So the question rises that under what conditions is whistle blowing moral justified? In my opinion‚ it does not matter what one’s obligations or confidentiality agreements‚ one is never exempt from the general obligations we have to our fellow human beings. One of the most fundamental of these obligations is not to cause harm
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the first machine in the US 1842 Elias Howe gets his first patent 1845 Singer was granted his first American patent 1851 He used many other manufacturer’s ideas and put together a foot pedal‚ which was also told to be patented. When Howe saw Singer’s machine he claimed it was very similar to his and Singer lost his case and had to pay Howe $1.15 per machine sold. Howe returns to America and finds people infringing his patent 10 Mar 1854 Among them‚ Isaac Singer‚ and many others. Howe
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himself and his assigns‚ persons who had acquired by purchase some portion of his patent rights. Now nothing is better known than this‚ that when persons have turned their attention to a particular class of invention they are likely to go on and invent‚ and likely to continuously improve the nature of their invention‚ and continuously to discover new modes of attaining the end desired. Persons‚ therefore‚ who buy patents of inventors are in the habit of protecting themselves from the utter destruction
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Question (1) A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of the invention. Patent is the most likely infringed because patent is a legal framework that establishes a patent system which supports and encourages technological innovation and promotes economic development. Patents defend inventions and processes. Patents set time for
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Ancient Chinese Inventions It is well known that China has an ancient and glorious history‚ from the feudal periods ending in 222 BC through the three Imperial and Intermediate Eras‚ up to the Modern era – over 4000 years of dynastic reigns. It may also be well known that China is the source of many wonderful and useful inventions from spaghetti to gunpowder. This list‚ however‚ will take a slightly different slant of the topic: Chinese inventions and developments that were not known to or adopted
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The Essay Topic: "The greater danger for most of us lies not in setting our aim too high and falling short‚ but in setting our aim too low and achieving our mark." -Michelangelo Ideas‚ Organization: Introduction I agree with that‚ and why Body(Content) Example to support my position (Thomas Addison and his life story) Conclusion What I must have understood from that essay (aiming low or high) The Essay: I think Michelangelo is right‚ that it is much more dangerous
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"Necessity is the Mother of Invention" The quote‚ “Necessity is the mother of invention‚” is a pretty well known saying. Like most quotes‚ they can have different meanings for different people. To me‚ this quote means that without ever having to need anything‚ nothing would have been invented. Without necessity‚ the need for new inventions‚ such as the fire or even the television‚ may have never been found or even thought of. Also‚ with the need of certain things‚ you can help improve your life
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What is the greatest invention of all time? Throughout time there have been lots of new inventions which have both hindered and helped everyday life with humans. There are many different possible world’s greatest inventions because they have all helped out humankind in some way‚ some more than others. I think that the greatest invention of all time is Harnessed Electricity. Some may argue that this was not an invention it was a discovery but although electricity itself was a discovery there was
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