Week). The lack of innovation and inevitable loss in revenues due to expiring patents was a huge concern for Pfizer. Per Catherine Arnst‚ “Due to other patent expirations‚ Pfizer is facing a loss of more than 70% of its 2007 revenues by 2015‚ and there are no equivalent blockbusters in its development pipeline” (Bloomberg Business Week). Wyeth has established themselves as a profitable pharmaceutical company that held patents on specific biologic drugs‚ consumer health products (Centrum vitamins)‚ animal
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principles of utilitarianism‚ rights‚ justice‚ and caring Becton Dickerson is one of the largest manufacturers of medical supplies‚dominates the market in disposable syringes and needles. In 1986‚ BectonDickinson had acquired exclusive rights to a patent for a new syringe invented byCharles B. Mothball that had a moveable protective sleeve around it. The plastictube around the syringe could slide down to rarely cover the needle.1992‚ a nurse‚ Maryann Rockwood‚ used a Becton Dickinson 5 cc syringeand
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Intellectual property is divided into two categories: 1. Industrial property‚ which includes inventions (patents)‚ trademarks‚ industrial designs‚ and geographic indications and 2. Copyright‚ which includes literary and artistic works such as novels‚ poems‚ plays‚ films and musical works etc. According to the TRIPS Agreement‚ the Intellectual Property has been classified into-Patents‚ Industrial Designs‚ Trade Marks‚ Copyright‚ Geographical Indications‚ Layout Designs of Integrated Circuits
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strengths and weakness Amgen first went after product patent‚ the strongest type of patent. But Amgen knew that it would be very difficult to get the product patent because it did not pass the test of “non-obviousness in the light prior art”. Therefore they also went after process patent. Now to increase the protection‚ Amgen also patented the starting material that is needed to produce EPO protein i.e. host cell and its vector. Strengths of product patent: • Provide best possible protection i.e. firm
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uses electrical impulses to maintain a regular heartbeat. Boykin himself died of a heart failure in Chicago in 1982. Boykin‚ who took a special interest in working with resistors‚ began researching and inventing on his own. He sought and received a patent for a wire precision resistor on June 16‚ 1959. This resistor would later be used in radios and televisions. Two years later‚ he created a breakthrough device that could withstand extreme changes in temperature and pressure. The device‚ which was
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Strategic Mistakes by Xerox CEO "Xerox: The Copier Company" epitomizes one of the greatest strategic blunders in the history of high technology corporations. The legacy of C. Peter McColough’s tenure as CEO at Xerox was that he gave away the future of the company while he was at the helm. When McColough took over the reins of Xerox in 1968‚ Xerox was fully enjoying the 40-45% growth in their 80% copier dominated market share. McColough had the vision to see that in the office of the future‚ information
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Back at Big Media 4. List and briefly discuss one of the questions at the end of the chapter. 2. Why is it difficult to apply patent laws to software? There are different reasons why it’s difficult to apply patent laws to software. First‚ there is the requirement of software companies to disclose all the information pertaining to the application of the patents‚ which is a big issue for software companies. Second‚ many independent minded
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of copyright protections Infringement of copyright Nature of the rights Infringement: general issues Defences and moral rights Defences Moral rights Chapter 2: Patents and related rights Patents and breach of confidence Patentable inventions What is an invention Getting and owning a patent Entitlement Patent infringement Infringement Breach of confidence The protection of confidence Related areas of law Chapter 3: Trade Marks Introduction to the course Intellectual
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Property Intellectual property (IP) refers to creations of the mind: inventions‚ literary and artistic works‚ and symbols‚ names‚ images‚ and designs used in commerce. IP is divided into two categories: Industrial property‚ which includes inventions (patents)‚ trademarks‚ industrial designs‚ and geographic indications of source; and Copyright‚ which includes literary and artistic works such as novels‚ poems and plays‚ films‚ musical works‚ artistic works such as drawings‚ paintings‚ photographs and sculptures
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Introduction All countries in the world have various political environment and regimes. Political systems differ in terms of the governance‚ power and the rule of law. A political regime can be defined as structures‚ activities and processes by which given countries in the world govern themselves. Political systems can be based on either collectivism or individualism. It is essential for business to look at a country’s political environment as a vital criterion in venturing or expanding the business
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