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patent period

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia, Hutchinson 0.01 sec.
patent period [′pat·ənt ‚pir·ē·əd]
(medicine)
The period of an infective disease during which the causative agent can be detected.


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Because patent applicants must fully disclose their invention in the application, patents are generally considered to encourage more research and investment in new methods and processes aimed at further developing the invention after its patent period expires.
Applying flexible criteria of novelty and inventiveness enables the issuance of patents for formulations or isomers of known drugs, thus allowing pharmaceutical companies to apply for additional patents and expand the duration of protection beyond the original patent period, therefore making it possible for the originating companies to postpone generic competition.
The Company has obtained a state patent for the new product and will be the only Chinese firm authorized to manufacture this type of battery during the patent period.
 
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