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proprietary drug

 

Definitions from WordNet

Noun proprietary drug has 1 sense
  1. brand-name drug, proprietary drug - a drug that has a trade name and is protected by a patent (can be produced and sold only by the company holding the patent)
    --1 is a kind of drug

Definitions from the Web

Proprietary Drug

A proprietary drug refers to a medication that is developed, produced, and sold by a specific pharmaceutical company under a registered brand name. These drugs are protected by patents, allowing the manufacturer exclusive rights to produce and distribute them. Proprietary drugs often undergo rigorous research, development, and testing before being approved for use.

Senses/Usages:

Sense 1: Medication produced and sold by a specific pharmaceutical company

In this sense, a proprietary drug is any medication manufactured and marketed by a particular pharmaceutical company. These drugs are distinguished by their brand names and are protected by patents.

Example Sentence 1: The new proprietary drug introduced by XYZ Pharmaceuticals has proven to be highly effective in treating the targeted disease.

Example Sentence 2: It is essential to consult your physician before switching to a different proprietary drug to ensure its compatibility with your current treatment.

Sense 2: Medication protected by patents and exclusive rights

In this sense, a proprietary drug refers to medications that have undergone the patenting process, granting exclusive rights to the pharmaceutical company for a specific period. This protection allows the company to maintain a monopoly over the drug's production and distribution.

Example Sentence 1: Due to the expiration of the patent, generic versions of the proprietary drug have entered the market at more affordable prices.

Example Sentence 2: The pharmaceutical company invested significant resources in research and development to create a breakthrough proprietary drug for the treatment of a rare genetic disorder.

Related Products:

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