Patent Law

Outside Looking In

By Gary Odom and Jordan Kuhn

Gernot Pehnelt wonders in the DesMoinesRegister why the U.S. Congress is hell-bent to deform the patent regime.

The American system is regarded as the strongest protector of patent rights in the world. Unfortunately, the U.S. Congress is considering "reforming" the system... Proposed changes could have potentially devastating consequences to research-based industries, especially the pharmaceutical industry... The patent-reform bill would reduce incentives to perform research and development, threaten jobs at home and abroad and damage trans-Atlantic trade relationships, which have brought wealth and vital goods to the United States and Europe.

By passing the Patent Reform Act of 2007, Congress would replace many of the best aspects of the U.S. patent system with the worst aspects of the European system.

Full post as published by The Patent Prospector on January 29, 2008 (boomark / email).