BIO375H5 Lecture Notes - Lecture 2: Trade Secret, Switching Barriers, Patent
Document Summary
Guidelines for coming up with problems in life science: We don"t want the hospital to be buying this product/ service. Should be ideas that are doable by undergraduate students. If we are talking something medical, then the costs will go up so avoid this. Do not think of products yet, think of problems. Medical devices and smart phone apps patents offer little protection for these inventions. Patent disputes the video is from a film flash of genius. Windshield wiper is not patentable but the ford argues against it. Patent product does not have to be commodity or differentiated product. Gene patent you cannot patent something in the nature. We have a new case law that take a different perspective on how to patent. The standards for patentability in the past is no longer attainable. Drug comes off patent in either 1. Invalidate the patent in the court of law. File patent fee is around 50k + legal fees.
