Author Archive: BIOtechNOW Editor

Worldwide Prescription Drug Sales to Exceed Trillion Dollar Mark by 2020

20140618_World_Preview_DNA_Infographic_JW

The pharmaceutical industry will top the one trillion dollar mark by 2020, according to new consensus forecast data found in the annual state of the industry report,  “World Preview 2014, Outlook to 2020” from market intelligence firm, Evaluate. The report, which launched today at the 2014 BIO international Convention, finds that worldwide prescription drug sales will reach $1,107 bn by 2020. This milestone is particularly pertinent as it proves that after two years of sales Read More >

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SIR RICHARD BRANSON : Keynote Preview

Sir-Richard-Branson

Today’s Keynote Luncheon features Sir Richard Branson, Founder of the Virgin Group, one of the world’s most recognized and respected brands. “The BIO International Convention brings together an industry that is working to solve some of our world’s most intractable problems,” said Sir Richard. “Every day, biotechnology companies are seeking cures for devastating diseases, finding new ways to feed a growing global population and developing renewable fuels to keep our air and water clean for Read More >

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Technology Transfer: Making A Better World

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As our dear friend, the late Howard Bremer was so fond of saying, the underlying principle of what we do is “bringing research discoveries to the market to improve the human condition.” Technology transfer is a relatively young profession. Just a few years ago most people had never heard about it. Today, more than 30 years after the passage of the Bayh-Dole Act, more eyes than ever before are focused on us and our efforts. Read More >

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Supreme Court Enunciates New Indefiniteness Standard

Noonan

The Supreme Court has once again reversed a decision by the Federal Circuit, in this case involving the proper standard for finding claims indefinite. The case, Nautilus, Inc. v. Biosig Instruments, Inc., overturned the Federal Circuit’s “insolubly ambiguous” test and substituted its own “reasonable certainty” test.  The Court left intentionally unclear the precise ways in which their new test will differ from the Federal Circuit’s abrogated test, leaving it to the lower court to decide Read More >

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Patent Reform Legislation Off The Table For Now

Williams

If the mainstream media is to be believed, the patent system is broken.  This notion is frequently blamed on the perceived increase in so-called patent assertion entities (“PAEs”), referred to derogatorily as “patent trolls.”  More often than not, these media reports cite to a limited number of examples illustrating the perceived abuses, and reach the conclusion that patents are stifling innovation.  And, even though there has been serious disagreement about the extent of the problem, Read More >

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