Pharmaceutical Intellectual Property

The modern pharmaceutical industry is dominated by national and multinational corporations. However, smaller Texas pharmaceutical companies have been able to enter the market thanks to innovative advancements. Whether the business concern is large or small protecting their inventions is a primary goal of any pharmaceutical firm.

 

The evolution of Pharmaceuticals
Pharmaceuticals, known to most people as drugs or medicines, have been around for centuries in various forms. Many years ago they consisted mainly of botanicals and natural extracts that had been observed to have healing or soothing properties. Gradually, man-made chemicals were added to the formulations, making it easier to replicate and mass produce helpful and necessary medicines. 

The modern pharmaceutical industry has roots in the local apothecaries that used to be found in towns and cities around the world. These pharmacists dispensed natural and botanical medicines to their clients. Companies that produced organic chemicals, which were typically used as dyes, also played a major role in the development of the pharmaceutical industry. In fact, many of today's well-known pharmaceutical brands grew out of an apothecary shop or a factory that used to produce organic chemicals.

 

Patenting Pharmaceuticals
When a Texas pharmaceutical company develops a new drug today they typically rush to secure patent protection for the new formulation. Should they be successful, this patent will allow them to prevent others from utilizing their formula for approximately 20 years. However, developing an effective new drug can often take a decade or longer. It's also necessary to have the medication approved by the Food and Drug Administration, another task that can take a great deal of time. All of these processes are extremely expensive, and that's why it's so important to try to monetize a new drug through obtaining a patent. 

As the term of the patent comes to an end it's natural that many companies might scramble to produce a cheaper, generic version of the drug. By closely tracking the patent's expiration through the assistance of a patent attorney the company that initially developed and patented the drug can produce its own generic version in a timely fashion.

Getting a patent is rarely a brief or simple process. In fact, the assistance of a pharmaceutical patent attorney is an indispensable component of the effort. The Law Office of Jeff Williams has considerable experience with helping clients obtain patent protection on revolutionary new drugs in Texas. Without such protection, it is virtually impossible for the pharmaceutical developer to recoup the cost of their research and development efforts. After such long and arduous work it is only right that the drug's creator should reap the benefits. Through working with Jeff Williams this becomes a realistic possibility.

Intellectual property attorneys spend years developing technical knowledge, then complete their education with a law degree. This makes them singularly well qualified to advise pharmaceutical manufacturers on how to obtain patent protection for their latest innovation. Jeff Williams combines his scientific and legal knowledge to quickly grasp the minutiae of a new drug. With this thorough understanding, he is able to draft a patent application that is more likely to be accepted by the United States Patent and Trademark Office.

The USPTO rarely grants a patent without first issuing a document called an Office action, which argues against the novelty or non-obviousness of the patent's subject matter. Jeff Williams is adept at countering these arguments, clarifying for the patent examiner how the new drug can be distinguished from similar medicines that may already be patented. Jeff's skill and legal knowledge have enabled him to help clients receive the patent protection their inventions deserve.

Contact the Law Office of Jeff Williams today to schedule an initial free consultation for any pharmaceutical matters related to intellectual property. It's an important first step that may lead to obtaining a patent for your invention.

Fort Worth/Arlington Office
1701 E. Lamar Blvd.,
Suite 155
Arlington, TX 76006
817-225-6561
Fax: 888-908-6679
Dallas Office
3838 Oak Lawn Ave,
Suite 1000
Dallas, TX 75219
817-225-6561
Fax: 888-908-6679

( By Appointment Only)

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363 N. Sam Houston Pkwy East, Suite 1100
Houston, TX 77060
832-795-1909
Fax: 888-908-6679

( By Appointment Only)

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2017 © Law Office of Jeff Williams PLLC. All rights reserved. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

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