Biden’s shortsighted patent attacks threaten American innovation ...Middle East

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Biden’s shortsighted patent attacks threaten American innovation
source : The Hill ( Middle East ) () 68
The Biden administration is quietly advancing a proposal that could devastate America's high-tech economy. The White House says the plan is about "beating Big Pharma." But in reality, it would decimate investment across a variety of sectors.   The proposal functionally rewrites a 1980 law known as the Bayh-Dole Act, which allows universities to patent promising discoveries they make with the support of federal grant funding and then exclusively license those patents to a private sector partner for further development and commercialization.  Prior to Bayh-Dole, the government retained patent rights on federally funded research and did not grant exclusive licenses for those patents. I

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