Sources of Biopharmaceutical Innovation: An Assessment of Intellectual Property

Download or read book Sources of Biopharmaceutical Innovation: An Assessment of Intellectual Property written by World Intellectual Property Organization and published by WIPO. This book was released on 2015 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of new, FDA-approved molecular entities reveals dynamism in terms of new innovation. An assessment of the first patent for each drug reveals that the pharmaceutical industry, particularly large, established companies in North America, tend to dominate the field. Whereas inventors continue to found biotechnology companies at a steady rate, recent trends suggest these inventors more often come from the private sector.