Glossary
Who is Eli Lilly and Company?
Now a Fortune 500 corporation, Eli Lilly and Company was founded in 1876 by the eponymous Eli Lilly who was a pharmaceutical chemist. With a reported gross revenue of US$14.5bn in 2006, it holds a place in the top one-hundred-and-fifty companies by revenue in the USA and is both listed on the New York Stock Exchange and has membership in the S&P 500 stock index. It is the tenth largest of the global pharmaceutical companies and, incidentally, is one of the world's largest corporations with its headquarters in Indianapolis, Indiana.
Intellectual Property (IP)
Every developed market economy gives inventors some degree of protection for the commercial products they develop. These so-called IP rights include:
- patents;
- registered designs;
- trademarks; and
- copyright.
Each country gives a period of exclusive protection — a monopoly — during which only the holders of the IP rights are allowed to sell the protected works. Because only the IP rights holders can sell, they can charge a higher price to recover their research and development costs more quickly.
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Talking to your Partner can
change a lot |
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Tips for ladies
How you can help your partner |
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| Why you should talk over certain problems with your doctor. And how to do it. |
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