Examples of Product Patent in a sentence
This transition has been achieved partly as a result of a 1970 patent law; under which local companies were allowed to copy patented drugs, provided that they found a new process.120 At that time, under the Indian Patents Act, 1970, there is no Product Patent protection for pharmaceuticals.
If MDCO fails to institute and prosecute an action or proceeding to xxxxx the Product Infringement within a period of [***] after the first notice under this section to elect to enforce the Licensed Product Patent or otherwise having knowledge of the Product Infringement, then CyDex shall have the right, but not the obligation, to commence a suit or take action to enforce the applicable Licensed Product Patent against such third Party perpetrating such Product Infringement at its own cost and expense.
The Vendor shall provide or cause to be provided to the Purchaser copies of all correspondence with any patent office or counsel's analysis in writing relating to the Product Patent Rights in the Territory, including drafts of responses with sufficient time to provide the Purchaser time to review and comment on each response.
Such royalty shall be paid with respect to each country of the world from the date of the first commercial sale (the date of the invoice of Pfizer or any sublicensee of Pfizer with respect to such sale) of such Licensed Product in each such country until the expiration of the last Product Patent Right to expire with respect to each such country and each such Licensed Product.
Pfizer will commercialize only those products derived or resulting from HTS which are covered by Product Patent Rights.