Category Archives: Public Policy

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Patent Reform in the News

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The New York Post and The Washington Post have both run Op-eds in the last week addressing the need to reform the PTO’s inter partes review (IPR) process within current patent reform legislative efforts. Both opinions point to the weakness within the IPR process exposed by short selling practices of predatory hedge fund managers. Click on the links below to read more: From the New York Post: Hedge-fund investors are coming to raid your medicine cabinet. By Peter Read More >

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A National Blueprint for Biodefense Released Today


A major report was released today detailing findings and recommendations to improve the U.S. biodefense readiness. “A National Blueprint for Biodefense: Leadership and Major Reform Needed to Optimize Efforts” was authored by the Blue Ribbon Study Panel on Biodefense, on which BIO President and CEO Jim Greenwood serves. The panel is co-chaired by former Sen. Joe Lieberman and former Gov. Tom Ridge. Other panelists include former Secretary of Health and Human Services Donna Shalala, former Read More >

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Biotech Policy Outlook at #BIF15: 21st Century Cures, IPR, TPP, and PDUFA VI

BIO Investor Forum

To even the most casual observer, 2015 has been a big year in the biotech industry, particularly in Congress and in other venues wherein public policies that affect the sector take shape. Given the importance of the policy environment in determining how successful companies in our industry can be at delivering new cures and treatments to patients – and a return to the investors who finance their activities – we decided that a close look Read More >

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PTAB Ruling Proves Medical Innovation Under Attack


There’s more evidence today that the IPR system needs to be fixed. PTAB ruled on Friday that under current rules, hedge fund managers are free to manipulate the system by shorting drug company stocks and then challenging their patents. Here’s what the panel said: “Profit is at the heart of nearly every patent and nearly every inter partes review. As such, an economic motive for challenging a patent claim does not itself raise abuse of Read More >

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BIO on CNBC: IPR System Weakens Medical Innovation


Last night Ron Cohen, M.D., CEO of Acorda Therapeutics and BIO’s board chair, appeared on CNBC’s Fast Money where he discussed our industries concerns’ with the U.S. Patent and Trademark Office’s patent challenge system known as Inter Partes Review (IPR). Dr. Cohen concisely explained this complicated and rapidly evolving issue and made clear why Congress must quickly address abuses to the IPR system within current Patent reform legislation. Regrettably, this system that was designed by Read More >

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