A lot of the company's top-selling drugs were going off patent.
Financial and business terms. 2012.
come off patent — come/go off patent ► if a product comes off patent or goes off patent, the period of time for which someone has the patent for it comes to an end: »A lot of the company s top selling drugs were going off patent. Main Entry: ↑patent … Financial and business terms
go off patent — come/go off patent ► if a product comes off patent or goes off patent, the period of time for which someone has the patent for it comes to an end: »A lot of the company s top selling drugs were going off patent. Main Entry: ↑patent … Financial and business terms
patent — the granting by a government of monopoly rights to the owner of an invention to manufacture and sell it for a certain number of years, conditional on the owner being willing to immediately reveal the ideas incorporated in the invention, so that… … Financial and business terms
Patent Cliff — A colloquialism to denote the potential sharp decline in revenues upon patent expiry of one or more leading products of a firm. A patent cliff is when a firm s revenues could fall off a cliff when one or more established products go off patent,… … Investment dictionary
patent troll — (PAT.unt trohl) n. A company that purchases a patent, often from a bankrupt firm, and then sues another company by claiming that one of its products infringes on the purchased patent.. adj. patent trolling pp. Example Citations: These patent… … New words
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