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You are here: Home > Legal > Trademarks > Trademark: Do I Need One for My Business Name and Logo? |
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Top Articles - Trademark: Do I Need One for My Business Name and Logo?
Wondering if a trademark is important to you as a business owner? Let's start with the basics. A tr According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product ademark is a word, phrase, symbol, or logo that distinguishes and identifies the source of goods of ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in one company or person from another. For example, the name Kraft is trademarked, as is Nike's "swoo lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. h" logo. The list of what constitutes a trademark is long. A trademark can also be granted to uniq here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ue packaging such as the shape of Coca-cola's bottle, building designs, color, sound, and even frag d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ance. Service marks receive the same legal protection, but are used to distinguish services instead ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc of products. Your business can acquire trade or service marks through the consistent use of a mar easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi . The symbols TM and SM demonstrate the owner treats the mark as a trademark or service mark. There nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically is no requirement to federally register at the trademark office. You are still protected under int and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ llectual property laws. However, if another party uses your mark it can be more difficult to prove ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi your ownership. To register online with the United States Patent and Trademark Office (USPTO), go ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a to www.uspto.gov. There is a registration fee for dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod each name, logo, and slogan. Federal registration ensures another party is not already using your m cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ark. A registered trademark gives you exclusive rights to use a mark with your particular goods or tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ervices. The USPTO can only register trademarks for marks that are used across state lines. A websi t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel te customers can access in other areas can satisfy this requirement. Otherwise, you will only be ab ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust e to apply for a state trademark. Only a mark registered and approved by the USPTO can use the ® s y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ymbol. Since the application process can take many months to complete, use the TM or SM symbol in t . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de e meantime to establish your intention to use the mark as a trademark. Make sure you keep records a elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip s to when your mark was first used in commerce and regulate the use of your mark in the marketplace tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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