The act of patent renewal has close ties to commercialization; this relationship can be seen in a patent’s economic value, mode of commercialization, and the use of defensive patent strategies.
Vaccines and related technologies may benefit from any of several different intellectual property rights. These rights include those related to patents, data protection, trademarks, copyrights, and trade secrets.
Patents, can be used to stimulate scientific research and development. Individuals and manufacturers can also use this intellectual property protection to assert rights over their own innovations.