The pharmaceutical and biotechnology industries are rapidly expanding with new pharmaceutical formulations being developed and coming to market in the United States and worldwide. Every company developing new pharmaceuticals must protect its trade secrets and intellectual property with patents.
Paul & Paul has decades of experience in patent law and securing patent protection for companies in the pharmaceutical industry. Our lawyers are not only knowledgeable in patent law, they also have advanced degrees and extensive backgrounds in many industries. This enables them to provide the best counsel to create a patent strategy that protects intellectual property and ensures clients a competitive advantage in the pharmaceutical and biotechnology industries.
A pharmaceutical patent is a form of intellectual property protection granted by a government to an inventor or pharmaceutical company for a new and innovative drug or pharmaceutical composition. It provides the patent holder with exclusive rights to manufacture, use, sell, or import the invention for a limited period of time, typically 20 years from the filing date of the patent application.
Pharmaceutical patents serve several important purposes:
It’s important to note that the granting of a pharmaceutical patent does not automatically mean that a drug is approved for sale or use. Patents cover the underlying invention itself, while regulatory authorities assess the safety, efficacy, and quality of the drug through a separate approval process.
A pharmaceutical patent attorney specializes in the legal aspects of pharmaceuticals and intellectual property rights. The primary role is to assist pharmaceutical industries and inventors in protecting their innovative drug products by obtaining and enforcing patents. Here are some specific tasks that our pharmaceutical patent attorneys perform:
At Paul & Paul, our pharmaceutical patent lawyers combine their knowledge of intellectual property law, patent prosecution, and the pharmaceutical industry to help clients protect their inventions, navigate complex legal frameworks, and safeguard their rights in the competitive pharmaceutical market.
The attorneys at Paul & Paul are not only knowledgeable patent attorneys, but they also have years of experience with patent protection in the pharmaceutical industry. The pharmaceuticals market is complex and an experienced pharmaceutical patent attorney will not only have knowledge of patent law but will also have experience with regulatory matters.
Paul & Paul is prepared to protect your company, and the development of new pharmaceuticals, and obtain the patent protection you need to compete in the market without others infringing on your formulations.
If you need a pharmaceutical patent lawyer, contact Paul & Paul for a consultation. Your company must obtain the highest level of patent protection available.