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NVCA Study Supports 12-Year Data Exclusivity Period

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

By Donald Zuhn -- On Friday, the National Venture Capital Association (NVCA) released the results of a study suggesting that "a data exclusivity period of at least 12 years for innovator products is a critical fulcrum in the effort to balance cost with the preservation of biotech innovation." The results of the NVCA-commissioned study were released during a Capitol Hill briefing hosted by Rep. Anna Eshoo (D-CA), who has introduced legislation (H.R. 1548) that would provide up to 14.5 years of data exclusivity. According to a statement released by the NVCA, a trade association representing some 460 U.S. venture capital...

Full post as published by Patent Docs on July 14, 2009 (boomark / email).