Expertise of a pharmaceutical product during entering Ukrainian market
Protection of intellectual property in pharmaceutical area — one of the main avenues of SION Law Firm. In this article we are going to discuss importance of pharmaceutical products’ complex protection during registration of a new patent.
Entering the pharmaceutical market requires taking into account a number of risks associated with creation of a product and making it competitive. Registration of a new drug is mainly a formal procedure and although such registration is a required condition, it doesn’t guarantee protection.
At the same time, Intellectual property disputes may cause both a complete cessation of entering the market and damages compensation to third parties if violations of their rights will be proved.
For that reason, it’s necessary that drug’s title differs from those already existing on the market. This leads to a mandatory inspection and trade mark registration.
The results of studies underlying products (e.g. composition or formula of the substance) require at least novelty confirmed by a patent.
Complex protection of the pharmaceutical product is based on studying of information on existing protected objects, assessment of patent disputes emergence possibility and obtaining secure protection of intellectual property based on the product that enters the market.
And the most important — detection of the risks in time will significantly reduce expenses starting with early stages of a product creation.
Lawyers and Patent Attorneys at SION are ready to provide complex protection of intellectual property in the pharmaceutical area.
Do not hesitate to contact us to receive consultation at (044) 290-43-17, firstname.lastname@example.org