Tag Archives: Intellectual Property

Innovation Act Threatens Biotech Innovation

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BIO has grave concerns regarding the Innovation Act (H.R. 3309), as reported by the House Judiciary Committee. The Innovation Act was introduced with the goal of furthering patent system reform, particularly with respect to patent-related litigation. We support increased transparency and oppose abusive litigation tactics. However, provisions in the Act remain overly broad in important respects and, if ultimately enacted, would continue to result in too many unintended and unknowable consequences for innovators who rely on the Read More >

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Patents Improve Public Health: Progressive Economy Reviews TRIPS at 20 Years

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Progressive Economy released a research paper examining the effect of TRIPS (Trade-Related Aspects of Intellectual Property) on global health. Here are their findings quoted from their press release: “1. Since the TRIPS agreement went into effect on New Year’s Day 1995, research and development spending has risen significantly worldwide (relative to the size of GDP). For OECD members, the rise is from 2.1 percent to 2.4 percent of GDP, or in practice an additional $220 Read More >

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South Africa National Policy on Intellectual Property: Inconsistent with Biotech Development Goals

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BIO submitted comments this week to the government of South Africa on their proposed “Draft National Policy on Intellectual Property.”  Below are some highlights. “BIO and its member companies are aware of the South African government’s aspirations to develop its life sciences industry, a message that South African officials communicated clearly at the recent BIO International Conference in Chicago, USA, in April 2013. At that conference and in subsequent discussions, South African officials have sent Read More >

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New Bill Calls for No WTO-Plus Benefits for Countries that Violate IP

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A new Bill in the U.S. House of Representatives seeks to remove WTO-plus trade benefits the United States provides to countries that disrespect intellectual property rights.  On September 20, 2013, Representative Terry introduced the “Playing Fair on Trade and Innovation Act.”  The Bill would deem countries ineligible for the Generalized System of Preferences program (GSP) if that country “fails to provide adequate and effective protection for intellectual property rights” or “maintains local content requirements…”  GSP Read More >

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Patent Trolls and Patent Litigation: The GAO Weighs In

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Patent troll litigation alarmist were likely disappointed by the GAO report.  While the public discourse may have already concluded that patent trolls have laid waste to the innovative landscape by creating a patent litigation crisis, the GAO report does not find much evidence to support such claims. Patent troll litigation is not running rampant.  The GAO analyzed a sample of 500 patent infringement lawsuits from 2007 to 2011 and found that companies that make products (operating Read More >

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