BIOTECH PATENT Meaning and
Definition
-
A biotech patent refers to a legally granted exclusive right given to an inventor or assignee for a specified period, typically 20 years, to exploit and prevent others from making, using, selling, or importing a novel and non-obvious biotechnological invention. Biotechnology encompasses the application of biological processes, organisms, or systems to create or modify products or processes for specific purposes.
Biotech patents are distinct from regular patents as they pertain specifically to inventions related to biotechnology. They cover a wide range of innovations, including gene sequences, genetically modified organisms (GMOs), recombinant DNA technology, pharmaceutical compositions, biopharmaceuticals, diagnostic tools, vaccines, and genetically engineered crops.
To obtain a biotech patent, the invention must fulfill certain criteria, such as novelty, non-obviousness, and utility. The invention needs to be novel, meaning it has not been disclosed or publicly known before. It must also involve an inventive step that is not obvious to a person skilled in the field. The invention should also have practical application, i.e., it must be useful and have industrial applicability.
Biotech patents are essential for researchers and companies in the biotechnology industry as they provide exclusive rights to commercialize their inventions, which can be crucial for recovering research and development costs and generating revenue. They encourage innovation by providing incentives for investment in research and development, ultimately promoting advancements in biotechnology and benefiting society as a whole.
Common Misspellings for BIOTECH PATENT
- viotech patent
- niotech patent
- hiotech patent
- giotech patent
- buotech patent
- bjotech patent
- bkotech patent
- bootech patent
- b9otech patent
- b8otech patent
- biitech patent
- biktech patent
- biltech patent
- biptech patent
- bi0tech patent
- bi9tech patent
- biorech patent
- biofech patent
- biogech patent
- bioyech patent
Etymology of BIOTECH PATENT
The word "biotech" is a blend of two terms - "bio" which comes from the Greek word "bios" meaning "life", and "tech" which is a shortened form of "technology" referring to scientific and industrial knowledge and techniques. "Patent", on the other hand, stems from the Latin word "patentem" meaning "open" or "exposed". It signifies a legal protection granted to inventors or companies for a certain period, granting them exclusive rights to make, use, or sell their invention.
So, the etymology of the term "biotech patent" combines "biotech", relating to life sciences and technology, and "patent", referring to the legal protection of exclusive rights for an invention in the field of biotechnology.
Infographic
Add the infographic to your website:
