Celgene fishing for [Kyle] Bass?
In response to a patent challenge filed by the hedge-fund manager, Celgene recently won permission from the U.S. Patent and Trademark Office to file a motion seeking sanctions against a Bass entity for allegedly abusing the process for reviewing patents.
Although Celgene has not yet filed a motion, the development is being closely watched because it raises the possibility that patent officials may put an end to a tactic Bass has used to challenge valuable patents held by drug makers and biotechs.
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