{"id":3511,"date":"2021-03-20T07:07:00","date_gmt":"2021-03-20T07:07:00","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=3511"},"modified":"2021-03-20T07:07:03","modified_gmt":"2021-03-20T07:07:03","slug":"evergreening-of-patent","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/evergreening-of-patent\/","title":{"rendered":"What is the Meaning of Evergreening of Patent? – An Overview"},"content":{"rendered":"\n

Evergreening\nof Patent, as the name proposes, is a business, legal, company, and\ntechnological approach for extending the term of a registered Patent in a\njurisdiction that is about to expire in order to preserve royalties from them\nby taking out new patents. A Patent is an exclusive right given to an inventor\nfor a limited time in return for his or her revelation of an invention that is\na unique, new and useful product or process.<\/p>\n\n\n\n

In\nIndia, the validity of a Patent Registration<\/a><\/strong>\nis for a maximum of twenty years (provided it is maintained by paying annual\nfees). Once the Patent gets expired, the invention goes into the public domain,\nwhich is free to use, sell, import, or manufacture. But, sometimes, the owner\nof a Patent (mostly pharmaceutical companies) attempt to extend this control\nright beyond the limited time of twenty years. When the Patent term is going to\nend, these companies make unimportant discrepancies to the existing patented\ninvention and file for a new Patent, thus extending their control; this is\nknown as Evergreening of Patent. In this blog, we are going to discuss the\nmeaning of Evergreening of Patent.<\/p>\n\n\n\n

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Table of Contents<\/p>\n