Role of Patents in Pharmaceuticals and the Looming Patent Cliff Explained
Saturday, 9 March 2024, 14:00
Pharmaceutical Patents and the Patent Cliff
We delve into the intricate world of pharmaceutical patents and the concept of the patent cliff, where drugs lose exclusivity and face declining value.
Small Molecule Drugs vs. Biologics
Understanding the differences between small molecule drugs and biologics helps shed light on the complexities of patent protection in the pharmaceutical industry.
Patent Strategies
- Companies use various strategies such as extending patents and launching biosimilars to manage patent expirations.
- Developing new drugs and improving existing ones are essential tactics to combat the challenges posed by the patent cliff.
Exploring the dynamics of patents and drug development in the pharma sector reveals insights into market trends and strategic decision-making.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.