If a firm has invented a new cancer drug, the firm would seek which of the following to protect their intellectual property?

Question

Quizplus · Accepted Answer

The firm would seek a patent to protect their invention of a new cancer drug. A patent provides the holder with the exclusive right to prevent others from making, using, or selling the invention for a certain period of time. This would allow the firm to have control over the market for the drug and recoup the costs of research and development. Trademarks are used to protect brand names and logos, copyrights are used to protect creative works, and trade secrets are used to protect confidential information.

If a Firm Has Invented a New Cancer Drug, the Firm