Candle Scandal Case

Nowadays there are millions of companies all over the world. Every day they try to bring something new in the market so they can expand and develop. When the existing company is trying

High rivalry from family owned businesses, full line dairies, and large international companies. High threat due to loss of patent; product can be copied by competition and former employees

Therefore, protection of patents is one of the key conditions necessary for further development of the pharmaceutical industry. At the same time, non-efficient legislation that does not provide the necessary level of patent protection is one of the factors that hamper expansion of “Big Pharmaceutical” companies to the developing countries8.

After leaving Chicago, Holmes would appear next in Fort Worth, Texas. He had inherited the property of two railroad heiress sisters, both of whom he murdered (Murderpedia Editors n.d.). During his time in Texas, he stole two horses and shipped them to St. Louis. He sold both, making a decent sum of money; however, he was arrested for this scam and sent to jail in July of 1894. During his time in jail, he formulated a new insurance swindle with his cellmate, Marion Hedgepeth. Holmes planned to take out an insurance policy for ten-thousand dollars, fake his death, and then provide Marion with five-hundred dollars in exchange for a lawyer who could help him if there were any problems. He attempted this plan once he was released on bail, but the

Patent Infringement Litigation. Nonpracticing companies are firms that do not create inventions, rather buy patents in order to sell licenses to other organizations interested in utilizing or commercializing the invention. Nonproducing companies like Bellevue, Washington-based Intellectual Ventures, argue that licensing of patent rights supports innovation, as they are able to broker access to companies and individuals that have the capacity to do something with the intellectual property (e.g. develop or apply the technology in the marketplace). Nonproducing companies aggressively defend their patents by filing patent infringement lawsuits in federal court against companies or groups of companies that that they believe have infringed on their patents. The focus on litigation is in fact a core component of these firms

Secondly, it reduces the time for patient’s evaluation. Due to DTC, drug companies are rarely encouraged to research and evaluate the effect of drugs on patients. The companies do not research enough to evaluate the side effects of drugs before the drug administration. This will cause crucial damages to patient’s health. Same is the case facing by PharmaCARE who had to face negative consequences of drugs because the company was having lack of research before administrating the drug. Due to direct marketing, patents do not feel the need for taking doctor opinion and take self-treatment which sometime cause risk to patients life.

Pharmaceutical companies also defend the costs because of the patent laws. When a patent expires, a generic drug can be made and sold for lower cost. "Although

When a firm don´t make anything to get better has a high probability of being out of the market for product claims, in fact, a huge number of companies have closed due to lost legal suits.

Company stood to lose reputation and its manufacturing license. There could be damaging legal notices and lawsuits which can harm the company for some time.

* Slows down medical results. If a company holds a gene patent, they own sole rights to research and testing on that gene. So if a patient has a test done on that gene, the samples must be sent to the company owning the gene patent in order to be tested. This could cause delays in getting test

By having an unethical behavior which is not accepted in standards or a value system company will lose their reputation and customers will eventually go away and buy products of your competitor. No matter how big or well-known your business is, but customers are rather preferred on products and services of ethical organizations. As an example, NIKE and SNICKERS used child labor for their production process to decrees the cost of production. In 1990’s products of those companies are refused by UK people because of being unethical to the society. Once WOXVAGON has made a software to escape from emission issues which is really unethical to the society and to the whole environment. This could make considerable negative impact to the company and

Besides being long lasting, patents are easily manipulated by profit-greedy business owners. Patents can last up to seven years, which can be extended in many circumstances. These patents allow corporations to churn in money to advertising, causing more people to buy their products and in result, exponentially raise profits for companies.

Firstly, with laws to protect intellectual properties, it prevent and stop other companies from commercially using the protected intellectual properties in the marketplace, allowing the owner company to control the usage of their original

There must be a balance between the developer of the intellectual property and the interest of the public. Intellectual property is already a big business among companies. Expanding the monopolies has the effect of allowing companies to negotiate and cross-licensing technology. Microsoft, as recently reported on the Wall Street Journal, is looking to expand the licensing of its technologies, after successfully licensing some video decoders to open source groups.

There is a intense rivalry among the big players of this industry. There have been some legal processes involving cases such as false advertising claims and patent infringement.