The Role of Patents in the Pharmaceutical Industry

 

The pharmaceutical industry has a major role in the past decades in developing new technology in the field of product and process development. Further technology advancement in the pharmaceutical field developed new life-saving drugs and to protect the inventions Intellectual property rights IPR has played a significant role. The term “Intellectual Property Rights” refers to the legal rights granted with the aim to protect the creations of the intellect. These rights include Industrial Property Rights e.g. Patents, Industrial Designs, Trademarks, and Copyright.

Read complete blog on :- https://veeprho.com/blog/the-role-of-patents-in-the-pharmaceutical-industry/