New Letter from Congress Threatens Innovation Ecosystem
More than two dozen policymakers recently sent a letter to the U.S. Secretary of Health and Human Services, Xavier Becerra, calling on him to misuse a provision of the Bayh-Dole Act to lower the price of the prostate cancer drug Xtandi. The lawmakers’ request, if Becerra grants it, would chill innovation and disincentivize the launch
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FY2023 Omnibus Bill Includes Pro-IP Provisions, Avoids IP Landmines
WASHINGTON (December 21, 2022) — Congressional appropriators recently unveiled their $1.7 trillion omnibus funding package, which is likely to face a vote by the end of this week. Frank Cullen, executive director of the Council for Innovation Promotion, released the following statement on the package: “C4IP is pleased that pro-IP provisions were included in the
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The counterfeiters who steal Christmas
They may not have green fur or hearts that are three sizes too small. Yet counterfeiters — individuals who illegally reproduce and sell fake versions of a trademarked product — are stealing an unprecedented amount of intellectual property from underneath inventors’ trees this year. As of August, U.S. Customs and Border Protection had confiscated $2.4 billion in
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