ADMN 3250H Lecture Notes - Lecture 5: Generic Drug, Industrial Design, Trademark
10 Feb 2016
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Document Summary
Generic drug companies they wait until the patent ends and then makes a generic copy to sell without having to pay the royalties. The idea has to be reflected / put into the form of property. To get it patented, it has to be an actual thing. Can"t be just an idea, must be something in order for it to be. Patent office"s date stamp the idea coming in down to the protected by law. minute in order to make sure your idea is the first. A trade name can also be a trade mark. A trademark can take a particular form or shape; E. g. , the coca cola bottle is a trademark in and of itself. 1933 pepsi and coca cola did their own battle royal surrounding trademarks. You can go out into the market and buy trademarks. Apple bought the rights to the swiss clock. Must not already be in the public domain .
