Wednesday, September 09, 2015

TheHill on 9 Sept 2015 says Congr. Goodlatte (R-Va.) remains confident that his patent reform bill would get a floor vote soon

TheHill discusses some thoughts on Goodlatte's Innovation Act as of 9 Sept 2015:

"I think the issue is making sure that the momentum stays strong," Goodlatte said. "There was a little bit of a delay there in moving this forward. I think a lot of members went home during the August recess and heard from a lot of people back home about how they were concerned about this not being addressed and they want to see it addressed."

"And I think that's where we are at this point in time and we're looking forward to moving forward," he added.

The bill has also seen increasing opposition from some influential conservative groups, like Heritage Act and the Club for Growth.

It has hit resistance from the biotechnology and pharmaceutical industries as well. They have argued they are facing their own sort of patent trolls who have attempted to short their stocks while challenging drug and bio patents through the trial-like reviews at the U.S. Patent and Trademark Office.

Reform has largely focused on the separate issue of patent litigation procedures in the court system, but biotechnology and pharmaceutical industries have called for Congress to tackle the separate issue involving the U.S. PTO reviews, which they argue skew too far against patent holders.



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