Influence of Patents on Embryonic Stem Cells Research
Hamad M. Alhomaidan
Unizah Collage of Medicine, Qassim University, Unizah-12628, Saudi Arabia.
Nehal M. Alhomaidan
Ministry of National Guard Health Affairs, Prince Mutib Ibn Abdullah Ibn Abdulaziz Rd, Riyadh-11426, Saudi Arabia.
Ali M. Alhomaidan *
Saudi Food and Drug Authority, 817 King Abdulaziz Road, Riyadh-13325, Saudi Arabia.
*Author to whom correspondence should be addressed.
Abstract
This article mainly examines stem cells related patents. We first provided a general background on patents. Then, we investigated patents and how they influence innovation in general, and stem cells in particular. Challenges to patenting inventions and innovations associated with stem cells’ field of study in the US and Europe are provided.
Keywords: Patent system, microeconomic, macroeconomic, new drugs, stem cells, influence innovation