FTC Patent Strategy Aims to Lower Drug Prices

In a move intended to tackle the soaring costs of prescription drugs, the Federal Trade Commission (FTC) has embarked on an initiative targeting patents associated with 20 brand-name medications. Among them is the widely used weight-loss injection Ozempic. This maneuver by federal regulators is characterized as an effort to dismantle certain practices within the pharmaceutical…

Trade Secrets: Definition, Importance, Protection

In today’s competitive business environment, trade secrets can be invaluable assets that contribute significantly to a company’s success and market position. Understanding what constitutes a trade secret and implementing robust protection measures are essential for any business aiming to preserve their proprietary information and maintain a competitive edge. This comprehensive guide explores the definition of…

Common Patent Application Pitfalls to Avoid

Utility patents protect useful inventions.  In order to be entitled to patent protection, an application to the government is required.  The application process is complicated, and can be a minefield for the unwary. Mistakes in the patent application process can cost you time, money, and even the ability to protect your invention at all. The…

Intellectual Property: Importance & Strategy for New Markets

In today’s competitive landscape, intellectual property (IP) is not just a legal consideration but a strategic asset that can significantly impact a business’s success and growth trajectory. Whether you’re a startup venturing into new markets or an established enterprise expanding globally, understanding the importance of IP and crafting a comprehensive strategy is paramount. This article…

Intellectual Property Litigation in Europe: 1st Half of 2024

The first half of 2024 has seen significant developments in intellectual property litigation across Europe, with key decisions and legislative changes shaping the landscape. This article provides insights into notable cases and regulatory updates, focusing on intellectual property litigation trends. Unified Patent Court (UPC) Developments The UPC has been a focal point, with early jurisprudence…

Patent Filing: Benefits of Using a Patent Attorney

Filing a patent application is often a critical step for innovators looking to protect their inventions and secure competitive advantage in the marketplace. This complex process requires meticulous attention to detail and a deep understanding of intellectual property law. While some individuals or businesses may attempt to file patents on their own, enlisting the expertise…

Apple’s Unique Patent Application & Future Modular Devices

One of Apple’s recent patent applications offers a glimpse into potential advancements in device design, influenced by evolving legislation on Right To Repair. The patent hints at a future where Apple devices could feature modular components, enhancing user customization, and repairability in unprecedented ways. Apple’s Vision for Modular Devices The application presents a revolutionary concept for Apple…