Protecting R&D Investment : Patents secure exclusive rights, allowing companies to protect their investments in research and recover development costs.

Driving Innovation : Patents incentivize companies to innovate by offering the promise of exclusivity, encouraging the development of new technologies and treatments.

Enabling Licensing & Collaboration : Patents create opportunities for licensing, allowing companies to collaborate and leverage external resources to accelerate innovation.

Encouraging Public Disclosure : By requiring public disclosure, patents contribute to the collective knowledge base, enabling further advancements in research.

Market Exclusivity : Patents provide market exclusivity, helping companies recoup R&D costs and fund continued innovation, especially in pharma and tech.

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