
Understanding Patents: Key Concepts and Considerations
Delve into the world of patents with insights on technical inventions, protection prerequisites, subject matter, and the balance between patent rights and competition. Learn about the duration, registration, disclosure, and patentable matters associated with patent rights. Explore the significance of novelty, innovative steps, and annual fees in securing patent protection.
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Presentation Transcript
PATENTS Christos Chrissanthis
PATENTS PATENTS Patents are about technical inventions and innovation Patent rights are granted through registration in a public registry Registration leads to disclosure Patents have a duration of 20 years as from filing for registration 2
PREREQUISITES FOR PROTECTION Technical achievement, i.e., to solve a technical problem Novelty; to go one step further in comparison to the current state of the arts Innovative step; to come up with something which was not obvious to an informed expert in this field Filing and registration (disclosure) Payment of annual fees; you pay to have a monopoly right 3
SUBJECT MATTER OF PROTECTION New substances, new products a new chemical substance a new machinery product New methods of production a new method to produce a medicine New uses of known substances to achieve a technical advancement A new use of a known medicine which is used to treat a certain illness to treat and heal another illness 4
PATENTS & COMPETITION PATENTS & COMPETITION HOW A BALANCE AMONG PATENT RIGHTS & COMPETITION IS ACHIEVED ? 1. LIMITED DURATION 20 years 2. REGISTRATION & DISCLOSURE: because of publication anyone else may develop something similar and more advanced 3. CERTAIN MATTERS ARE NOT PATENTABLE - methods of treatment by surgery 4. OBLIGATION TO GRANT A LICENSE in cases of pharmaceuticals 5