Essentials Of A Canadian Patent Strategy

Developing a solid patent strategy is key to the success of many businesses but especially for pharmaceuticals and biologics. This article provides a brief overview of some key elements of a successful strategy with many of the areas discussed in greater detail in subsequent articles.

Data Protection and Patent Protection

Innovators can protect data that supports regulatory approval for innovative compounds. Regardless of patent rights, this protection applies for a maximum of eight years and six months from the time of issuance of the first Notice of Compliance (NOC) for a new medicinal ingredient (six years of data package exclusivity, two years of market exclusivity, and potentially a six-month pediatric extension).