Biotechnology

BIO White Paper Dispels Over-Patenting Myth

Published in Medical Patent Business Week, June 22nd, 2007

The theory claiming that the over-patenting of biotechnology research hinders the research and development of new treatments is not supported by empirical evidence, concludes a white paper entitled "The Myth of the Anticommons" released today by the Biotechnology Industry Organization (BIO). The paper was released as Congress considers a variety of changes to current U.S. patent law.

The theory of the "tragedy of the anticommons," put forth in 1998, claims that patents have the potential to stifle innovation in the biotechnology industry. The theory claims that too many patent holders of upstream technology may inhibit downstream innovation due to transaction costs and...

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Source: Medical Patent Business Week (2007-06-22)

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