Search Results for keywords:"patent term extension"

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Search Results: keywords:"patent term extension"

  • Type:Notice
    Citation:86 FR 10251
    Reading Time:about a minute or two

    The United States Patent and Trademark Office (USPTO) has granted a one-year interim extension for U.S. Patent No. 7,534,790, which covers the drug vernakalant hydrochloride. The extension was necessary because the regulatory review by the Food and Drug Administration (FDA) will extend beyond the patent's expiration date of March 31, 2021. Correvio International Sàrl, the patent owner, applied for this third interim extension as allowed under U.S. patent law for certain cases where market approval is pending. This extension ensures the patent remains valid while the review process continues.

    Simple Explanation

    The U.S. government gave more time for a company to keep their special rights to a medicine called vernakalant hydrochloride because the people who check if it's safe haven't finished their work yet. This means the company can still be the only one selling it for a bit longer.

  • Type:Notice
    Citation:86 FR 11947
    Reading Time:about a minute or two

    The United States Patent and Trademark Office has granted a one-year interim extension for U.S. Patent No. 6,953,476, which belongs to Neovasc Medical Ltd. This patent covers an implantable device called Reducer®, and the extension was needed because the regulatory review by the Food and Drug Administration is expected to take longer than the patent's original expiration date. The extension allows Neovasc more time to prepare while waiting for the FDA's approval process to conclude.

    Simple Explanation

    The government gave an extra year for a company to keep their special idea called a "patent" safe because they are still waiting for a big important check from another part of the government to make sure it's safe to use.