CELEBRATING BLACK OWNED STARTUPS THIS BLACK HISTORY MONTH
Drug Patents and Drug Exclusivity
How long do drug patents last, and can you get them extended? Let's check it out! If you've ever wondered why some drugs are more expensive than others and why you can only get certain drugs from specific pharmaceutical companies, then you're not alone. Why are there more affordable generic versions of some drugs available but not all drugs? Thanks to the FDA and its comprehensive guide on pharmaceutical patents , these are just some of the questions we will answer below in our drug patent FAQs. Drug Patent FAQs Answered 1. What's the difference between patents and exclusivity? A drug patent can be issued or expire at any time, regardless of the drug's current approval status. Exclusivity attaches to the drug upon approval of the drug or product as long as the statutory requirements have been met. While some new drugs may have both patent and exclusivity protection , others may have one or the other or none at all. Exclusivity was created and designed as a way to ...
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