Nanotechnology Now

Our NanoNews Digest Sponsors





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

An engineered surface unsticks sticky water droplets August 31st, 2015

New material science research may advance tech tools August 31st, 2015

Seeing quantum motion August 30th, 2015

Artificial leaf harnesses sunlight for efficient fuel production August 30th, 2015

Announcements

Using ultrathin sheets to discover new class of wrapped shapes: UMass Amherst materials researchers describe a new regime of wrapped shapes August 31st, 2015

An engineered surface unsticks sticky water droplets August 31st, 2015

New material science research may advance tech tools August 31st, 2015

Efficiency of Nanodrug Containing Antibiotics in Treatment of Infectious Diseases Evaluated August 31st, 2015

Patents/IP/Tech Transfer/Licensing

An engineered surface unsticks sticky water droplets August 31st, 2015

Developing Component Scale Composites Using Nanocarbons August 26th, 2015

Industrial Nanotech, Inc. Provides Update On Hospital Project, PCAOB Audit, and New Heat Shield™ Line August 24th, 2015

Revolutionary MIT-Developed Nanotechnology Company Showcases at CAMX in Dallas August 20th, 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







Car Brands
Buy website traffic