Friday, June 8, 2007

Device Industry Intensifies Efforts To Protect IP, Modify Patent Reform Bills - Medical Devices Today

Device Industry Intensifies Efforts To Protect IP, Modify Patent Reform Bills - Medical Devices Today: "With legislation moving quickly in Congress, the device industry is stepping up its efforts to be heard in the long-running debate on reforming the U.S. patent system. According to medical technology stakeholders, controversial provisions in the Patent Reform Act of 2007 - including limitations on damages that can be awarded for infringement and a new channel by which patents can be challenged long after they are granted - could weaken the value of patents and jeopardize firms' access to venture capital."