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Last year, for example, Samsung and Nokia extended a patent licensing agreement for an additional five years, while Apple and HTC also announced a 10-year licensing deal in 2012.
Today Flinland's Nokia announced that it has extended a patent license agreement with the Korean handset giant for another five years, and that the two had entered into binding arbitration to settle additional compensation related to this, expected to be concluded in 2015.
Hard drive maker Western Digital climbed 8.3% to $69.15 after it extended a patent licensing deal with Samsung.
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But Sears placed no reins on Congress' authority to extend a patent's life.
Sometimes a company creates a "me too" drug as a way of extending a patent on an older one.
Also defeated was an amendment that would have stripped a provision from the bill that clarifies a method of calculating the deadline for applications to extend a patent.
The Novartis breakthrough drug Gleevec should not be viewed as "evergreening" — making small changes to a drug to extend a patent.
Following compliance with TRIPS, the US Patent Term Guarantee Act was adopted in 1999 which permits the protection period to be extended if a patent is not granted within three years.
A gun rights group, the Calguns Foundation, went so far as to pay a $555 fee to extend a lapsing patent held by the developer to further delay the law from taking effect.
Such improved versions are often a good way of extending a drug's patent life.
Now there was a pharmacologic and marketing plan that would extend a lucrative new patent for decades.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com