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Parallel Imports
Parallel imports relate to products that have been made and marketed by the patent owner in one country, which have subsequently been imported by a third party into another country, without the patent owner's consent.

Paris Convention
The Paris Convention for the Protection of Industrial Property was established in 1883 and is generally referred to the Paris Convention. The Paris Convention established the system of priority rights. Under the priority rights, applicants have up to 12 months from first filing their patent application (usually in their own country) in which to make further applications in member countries and claim the original priority date. It was originally signed by eleven countries; currently 173 countries are part to the treaty (January 2005).

Patent
A patent is an intellectual property right issued by authorized bodies to inventors to make use of, and exploit their inventions for a limited period of time (generally 20 years). The patent holder has the legal authority to exclude others from commercially exploiting the invention (for a limited time period). In return for the ownership rights, the applicant must disclose the invention for which protection is sought. The trade-off between the granting of monopoly rights for a limited period and full disclosure of information is an important aspect of the patenting system.

Patentability
Patentability is the ability of an invention to satisfy the legal requirements for obtaining a patent. The basic conditions of patentability, which an application must meet before a patent is granted, are that the invention must be novel, contain an inventive step (or be non-obvious), be capable of industrial application and not be in certain excluded fields (e.g. scientific theories and mathematical methods are not regarded as inventions and cannot be patented at the EPO).

Patent Cooperation Treaty (PCT)
As of July 2005, there were 128 countries party to this treaty, which was signed in 1970 and entered into force in 1978. The PCT provides the possibility to seek patent rights in a large number of countries by filing a single international application (PCT application) with a single patent office (receiving office). The PCT procedure consists of two main phases: (a) an "international phase"; and (b) a PCT "national/regional phase". PCT applications are administered by the World Intellectual Property Organisation (WIPO).

Prior art
Previously used or published technology that may be referred to in a patent application or examination report, i.e. (a) in a broad sense, technology that is relevant to an invention and was publicly available (e.g. described in a publication or offered for sale) at the time an invention was made; or (b) in a narrow sense, any such technology which would invalidate a patent or limit its scope. The process of prosecuting a patent or interpreting its claims largely consists of identifying relevant prior art and distinguishing the claimed invention from that prior art. The objective of the search process is to identify patent and non-patent documents constituting the relevant prior art in order to determine whether the invention is novel and includes an inventive step. 

Priority country
Country where the patent is first filed before being (possibly) extended to other countries.

Priority date
The priority date is the first date of filing of a patent application, anywhere in the world (normally in the applicant’s domestic patent office), to protect an invention. The priority date is used to determine the novelty of the invention, which implies that it is an important concept in patent procedures. For statistical purposes, the priority date is the closest date to the date of invention.

Process Claim
A claim of a patent that covers the method by which an invention is performed by defining the steps to be followed, in contrast to a product claim or an apparatus claim, which covers the structure of a product.

Product-By-Process Claim
A patent claim in which a product is claimed by defining the process by which it is made. The product-by-process form of claim is most often used to define new chemical compounds, since many new chemicals, drugs, and pharmaceuticals can practicably be defined only by describing the process of making them.

Product Claim
A claim of a patent that covers the structure, apparatus, or composition of a product, in contrast to a process claim, which covers a method or process.

Publication date
The date on which the patent application is published (i.e. the information is available to public). This normally occurs 18 months after the priority date. 


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