Drug makers can usually protect their patent rights for a limited time. In some countries the renewal of patents is not permitted. Global companies that wish to place their drugs in foreign markets should learn about the patent laws of the host country and take the proper steps to register their patents there. This may include using patent translation services to translate documents that will be sent along with the application. Since patents eventually expire, firms should constantly come up with new drugs that they can patent. They should choose which markets they want to enter and translate their paperwork into the right languages.
Working with translators who complete high-quality translations is important no matter which country a company registers its patents in. To illustrate, let us consider Sanofi, which is a French pharmaceutical group whose second-quarter profit has plummeted. One of the main reasons for sluggish sales has been the expiration of some of its patents. The organization has held a strong position in research and development and was making progress in the emerging markets. Sanofi purchased Medley, a large generics maker in Brazil after the patents for its best selling drugs including Plavix and Avapro expired. Looking forward, if the entity plans to introduce its medical products in other markets it should translate its patents from French into the target market’s official language. This way the company can take advantage of patent rights in those regions for a limited time.
California Center for Translation & Interpretation has garnered a lot of attention for its impressive patent translation services. Our professional translators always try to submit impeccable translations. They are highly detail-oriented, and their translations are accurate. We can translate patents from and into all the major world languages. Please submit your patents or other documents to us by email for a quote. Our representatives possess superior customer service skills and will respond to your emails promptly.
