
A patent is an exclusive right which, when granted, gives the inventor a monopoly to make, use or sell the invention within a jurisdiction (or jurisdictions) for a fixed period of time. Patent protection is crucial to facilitate enhanced market exclusivity and prevent market entry of low cost substitutes. However, in the dietary supplement field for instance, we can hardly find any products with patent protection at all. This is because of the lengthy time and cost required to obtain even one patent. Furthermore, only novel and useful inventions are qualified to seek for patent protection.
OLIVENOL™ livin' is a clinically proven product backed by years of scientific research and development. Currently, OLIVENOL™ livin' has been granted five patents for its revolutionary production processes and its effective formulation while several other patents are pending approval.
The approved patents are:
1) US 6,165,475, December 26, 2000.
2) US 6,197,308, March 6 2001
3) US 6,416,808, July 9, 2002.
4) US 6,936,287, August 30, 2005
5) US 7,261,909, August 28, 2007
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