January 8, 2014
Does a Patent Allow you to Take a Product to Market?
When an innovator is granted a patent, they are being provided an exclusive right to put their new invention into practice. This patent, however, does not mean this new innovation can be taken directly to the public and sold to a consumer.
For many products, such as pharmaceuticals or biotech seeds, numerous regulatory hurdles must still be met after the patent is granted. A patent alone does not allow an inventor to take a product to market.
Simon Dack, Intellecutal Property Lawyer in Amsterdam, Netherlands breaks down this popular myth.