Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > MDMA Voices Concerns Over The Patent Reform Act of 2007: Bill Will Stifle Innovation and Investment

Abstract:
The Medical Devices Manufacturers Association (MDMA) joined over 200 other organizations to express concerns with The Patent Reform Act of 2007, S.1145 and H.R. 1908.

MDMA Voices Concerns Over The Patent Reform Act of 2007: Bill Will Stifle Innovation and Investment

Washington, DC | Posted on June 19th, 2007

In a letter sent to key members of the House and Senate Judiciary Committees, a diverse set of stakeholders stated that the Patent Reform Act would "hinder innovation across the diverse sectors of the American economy we represent, including academia, agriculture, alternative energy, biotechnology, chemical, electronics, environmental technology, financial services, information technology, life sciences, nanotechnology, and telecommunications."

The letter highlights three shared areas of concern and recommends striking the Act's most controversial and inequitable proposals:

-- Language pertaining to the apportionment of damages;
-- The creation of an open-ended post-grant review process;
-- The granting of unprecedented rulemaking authority for the Patent and
Trademark Office.


In addition to MDMA, signatories of the letter include the Biotechnology Industry Organization Association, the Innovation Alliance, the NanoBusiness Alliance, CropLife America, the Association of University Technology Managers, the Institute of Electrical and Electronics Engineers, the Small Business Exporters Association of the United States, the Small Business Technology Council, and the Center for Small Business and the Environment. Many state organizations and individual companies ranging from small startups to the Fortune 500 were also represented as signatories.

MDMA's Executive Director, Mark Leahey, stated, "the current bill would severely undermine investment and innovation in every industry, including medical technology." Leahey continued, "the diverse nature of signatories demonstrates the far reaching implications this legislation will have on the patent system and we urge Congress to make the recommended changes to ensure America's innovation economy continues to flourish."

To read the letter, please visit the following link: http://www.medicaldevices.org/public/documents/PatentReformLetterFinal06.19.07_000.pdf

####

About Medical Devices Manufacturers Association (MDMA)
The Medical Device Manufacturers Association (MDMA) is a national trade association based in Washington, D.C. that represents independent manufacturers of medical devices, diagnostic products and healthcare information systems.

For more information, please click here

Contacts:
EXECUTIVE DIRECTOR
MARK B. LEAHEY, ESQ.
1350 I Street NW, Suite 540
Washington, DC 20005
(202) 354-7171

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Govt.-Legislation/Regulation/Funding/Policy

Northwestern scientists develop first liquid nanolaser: Technology could lead to new way of doing 'lab on a chip' medical diagnostics April 25th, 2015

ORNL reports method that takes quantum sensing to new level April 23rd, 2015

Electron spin brings order to high entropy alloys April 23rd, 2015

Scientists Use Nanoscale Building Blocks and DNA 'Glue' to Shape 3D Superlattices: New approach to designing ordered composite materials for possible energy applications April 23rd, 2015

Announcements

Northwestern scientists develop first liquid nanolaser: Technology could lead to new way of doing 'lab on a chip' medical diagnostics April 25th, 2015

Nanotech-enabled moisturizer speeds healing of diabetic skin wounds: Spherical nucleic acids silence gene that interferes with wound healing April 24th, 2015

Fast and accurate 3-D imaging technique to track optically trapped particles April 24th, 2015

Pseudoparticles travel through photoactive material: KIT scientists measure important process in the conversion of light energy -- publication in Nature Communications April 24th, 2015

Patents/IP/Tech Transfer/Licensing

Long Island Capital Alliance Announces Participants for Brookhaven National Laboratory Technology Transfer Capital Forum on May 8: Keynote Speaker Dr. Doon Gibbs, Director of Brookhaven National Laboratory April 16th, 2015

MIT sensor detects spoiled meat: Tiny device could be incorporated into 'smart packaging' to improve food safety April 15th, 2015

Heat-Converting Material Patents Licensed April 8th, 2015

From tobacco to cyberwood March 31st, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project