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In theory, a royalty is a term of contract under which someone pays for the use of rights under property owned by others, often as a percentage of profits.

In practice, requiring someone to pay royalties for an invention after it becomes "public domain" would be considered a "misuse of patents", by attempting to extend its term against contracted parties.

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12y ago

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Related Questions

What is the fee related to a patent expired?

The fee related to an expired patent is the cost to renew or reinstate the patent after its expiration date has passed.


When does the patent on methotrexate expire?

Supposedly it expired decades ago...


Has the patent lapsed for the product in question?

To determine if the patent for the product has expired, you should check the United States Patent and Trademark Office (USPTO) database or consult a patent attorney.


What is the most valuable patent in existence?

Lipitor which expired in 2011 was the most valuable patent ever with sales exceeding $105 over the life of the patent.


When does the patent on Mab Thera expire?

The patent for MabThera (rituximab) in the United States expired in 2016, while in Europe, it expired in 2013. However, various formulations and uses may have different patent protections. Generic versions of the drug started becoming available after the patent expiration. Always check the latest patent and market information for updates.


Why is generic divan not available if patent has expired?

sorry, I meant diovan


How long does a patent last from 1992?

US patents are for 20 years, so a 1992 patent expired on its issue date in 2012.


Does the expired first electric cigarette patent issued to me in 1965 have any value today?

Yes, but only for "bragging rights". Any patent issued in 1965 expired long ago, making the inventions claimed in it "public domain". Old patent are sometimes "valuable" as "prior art" to prevent others from attempting to patent the same thing AGAIN.


Do patents expire. What if something was patented in 1905 and they gave up. But the patent is still in the database?

Yes. Patents usually expire approximately over a period of 20 years or may expire soon if the annual maintenance fee is not paid properly. A patent published in 1905 is expired and will now be in public domain.


Is royalty paid for mining attract TDS?

yes


Who owns the patent to MDMA?

MDMA is not currently protected by a patent. The closest thing is Alexander Shulgin's 1959 patent on "4 alkyl dialkoxy N methyl phenethylamines and their pharamcologically acceptible salts," which has expired.


When does the patent on the drug pentasa expire?

I understand Shire bought up all generic manufacturers of Pentasa generic, since tha patent expired. Is that true?

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