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Question
question 14 (1 point)
when a pharmaceutical company discovers a new drug, what does patent law give the monopoly?
sole ownership of the right to sell the drug for an unlimited number of years
partial ownership of the right to sell the drug for a limited number of years
sole ownership of the right to sell the drug for a limited number of years
partial ownership of the right to sell the drug for an unlimited number of years
Patent law grants a pharmaceutical company sole ownership (exclusive rights) to sell a new drug. This is not for an unlimited time as patents have a limited duration (e.g., 20 years from the filing date in many countries). The company has full (sole) control during that limited - patent - protected period.
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C. Sole ownership of the right to sell the drug for a limited number of years