Pharmaceutical companies from Merck & Co. to Bristol-Myers Squibb Co. face fresh threats to protecting their patents in India as a government-appointed panel prepares to evaluate more drugs for local makers to copy.
Danish pharmaceutical co. quits Innovative Pharmaceutical Association of SA amid govt plans to change patent rules, Johannesburg-based newspaper reports, citing spokeswoman Shelley Harris. * Resignation follows proposed campaign by Washington-based Public Affairs Engagement against govt plans to change patent laws: Business Day
Massachusetts Institute of Technology President Susan Hockfield said during a panel discussion in Washington that Congress must keep its pledge to let U.S. Patent and Trademark Office, or PTO, have control over all the fees it collects to promote innovation and spur job creation. The Oct. 5 event, sponsored by Harvard University and the Business Roundtable and hosted by Bloomberg News, centered on ways to spur innovation.
Senate Judiciary Committee Chairman Patrick Leahy reintroduced a proposal for changing U.S. patent laws to include constraints on infringement damage awards and rules intended to speed the application process for inventors.
U.S. lawmakers, influenced by companies including Cisco Systems Inc., Eli Lilly & Co. and Qualcomm Inc., are considering the second set of patent-law changes in three years as the courts try to race ahead of Congress.