OTC refers to over-the-counter (OTC) drugs, also known as over-the-counter drugs. It refers to drugs that can be purchased from pharmacies without a prescription, as opposed to prescription drugs.
These drugs have a long clinical application time, confirmed efficacy, and few adverse drug reactions. Patients do not need too much professional knowledge and can be used safely by relying only on the drug instructions and labels.
The "registered trademark" of R Medicine means that this trademark has been registered with the China Trademark Office and can be used as a trademark for the company's products. Trademarks protect trademark registrants by ensuring that they have the exclusive right to identify the source of goods or services, or to license others to use them for remuneration.
In a broad sense, trademarks promote a positive and enterprising spirit around the world by rewarding trademark registrants with recognition and economic benefits.
The Chinese government officially proposed drug classification management in 1996. In the same year, the Ministry of Health took the lead, and seven ministries and commissions jointly established the Over-the-Counter Drug (OTC) Office. After the establishment of the Chejia Drug Administration in 1998, OTC management was handled by the Safety Supervision Department of the Drug Administration.
The label should be able to clearly distinguish whether the drug is used as a prescription drug or an over-the-counter drug. For example, prescription drugs in the United States must be marked with "Federal Law Prohibits Dispensing Without Prescription" (Federal Law Prohibits Dispensing Without Prescription), while non-prescription drugs should have "Federal Law Prohibits Dispensing Without Prescription" on the label. "Adequate Direction for Use" (Adequate Direction for Use), the UK, Germany, Japan and other countries also have similar words or logos.
The value of trademarks
Trademarks are intangible assets of an enterprise. There is no fixed determination of the value of a trademark. The value of a trademark as an asset in the investment or business process is the amount of capital contained in the trademark asset.
It refers to its capital value, not its honorary or subjective value. Common value judgments are usually determined by the awareness and recognition of the trademark, and are evaluated based on the estimated value that the trademark can bring to the enterprise.