Patent
in sentence
392 examples of Patent in a sentence
Those who oppose genetic patents claim that they also deny US constitutional rights, making this the first time a genetic
patent
has been challenged on human rights grounds.
One human gene out of approximately every five is now the subject of a patent, the majority of which are held by private firms.
Myriad Genetics also has tried to pursue
patent
rights in Europe, but there its claims have been largely rejected.
Although the gene’s function in causing breast and ovarian cancer was uncovered by Cancer Research UK in 1995, Myriad, along with nearly 30 other defendants, argues that the
patent
is a necessary reward for its research costs.
In fact, without
patent
protections, the firm and its allies claim, medical research would shudder to a halt.
In talking about similar issues raised in my recent book Body Shopping , I have heard many shocked reactions to the growing commodification of human tissue, but none more generally shared than this one: how can you take out a
patent
on life?
While the plaintiffs assert that “genes are identified, not invented,” the defendants claim that the basis of
patent
law is precisely the opposite.
For example, despite widespread violent crime, Mexico and South Africa have high levels of innovation (measured by
patent
filing and trademark registration).
Almost immediately, China became the world’s top
patent
filer.
Indeed, despite territorial disputes and other divisive issues, the commissioners of the
patent
offices of Japan, South Korea, China, and, to a lesser extent, Singapore and Taiwan meet often to define and coordinate their intellectual-property (IP) policies.
The resulting global network of more than 400 institutions and over 4,000 active inventors has produced more
patent
applications than many R&D-intensive companies do.
Moreover, Spanish schools trail behind in the international ranking system; the relatively effective Franco-era vocational training system became collateral damage in the transition; and the low number of
patent
applications reveals severe shortcomings in research and development.
To counter such concentration, policymakers should, first, implement smarter competition laws that focus not only on market share or pricing power, but also on the many forms of rent extraction, from copyright and
patent
rules that allow incumbents to cash in on old discoveries to the misuse of network centrality.
Challenging the ChaebolSEOUL – When asked to identify Samsung’s fiercest enemy, most people would name Apple, given ongoing
patent
lawsuits in various countries.
Intellectual Property, Not Intellectual MonopolyWASHINGTON, DC – “The copyright and
patent
laws we have today look more like intellectual monopoly than intellectual property,” wrote Brink Lindsey and Steven Teles in their recent book about the US economy.
Patent
rules, for example, reflect the long-held assumption that strong protection provides an essential incentive for businesses to pursue innovation.
As the system expands,
patent
trolling and litigation soar.
Lawsuits by
patent
trolls comprise more than three-fifths of all lawsuits for IP infringement in the US, and cost the economy an estimated $500 billion in 1990-2010.
Some argue that the
patent
system should simply be dismantled.
One set of reforms to consider would focus on improving institutional processes, such as by ensuring that the litigation system does not favor
patent
holders excessively.
Other reforms concern the patents themselves, and include shortening
patent
terms, introducing use-it-or lose-it provisions, and instituting stricter criteria that limit patents to truly meaningful inventions.
The key to success may lie in replacing the “one-size-fits-all” approach of the current
patent
regime with a differentiated approach that may be better suited to today’s economy.
But while a relatively long
patent
term may be appropriate for pharmaceutical innovations, which involve protracted and expensive testing, the case is less clear-cut for most other industries.
In digital technologies and software, for example, new advances have much shorter gestation periods and typically build on previous innovations in an incremental fashion, meaning that much shorter
patent
terms may be appropriate.
Of course, if regulators do decide to tailor patents to different types of innovations, they must take care not to complicate
patent
regimes excessively.
Fortunately, the case for reform of the decades-old
patent
system could not be stronger.
Patent
reform could complement such reforms, say, by prohibiting patents from government-supported research, which should be available to all market participants.
Given the benefits of preventive care, the test has become highly controversial, because its manufacturer, Myriad Genetics, holds a genetic
patent
that gives it a monopoly – and huge profits – on all testing.
The Open Data Institute-backed start-up Mastodon C uses open data on doctors’ prescriptions to differentiate among expensive
patent
medicines and cheaper “off-patent” varieties; when applied to just one class of drug, that could save around $400 million in one year for the British National Health Service.
Both the Ukrainian revolution and high economic growth have been caused by President Leonid Kuchma’s
patent
habit of playing everybody against everybody, while abstaining from fair play.
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