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Definition of Patent (noun)

Patent (noun): A device giving exclusive control and possession. Before the commercialization of biomedical inventions, the word "patent" in this sense had no place in a medical dictionary. Now the patent is the foundation of the biotechnology industry.

Source: MedTerms™ Medical Dictionary
http://www.medterms.com/script/main/art.asp?articlekey=4796
Last Editorial Review: 6/14/2012

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