The U.S. Federal Food and Drug Administration (FDA) recently sent a letter to the U.S. Patent and Trademark Office concerning the FDA’s concerns regarding pharmaceutical patents and their impact on innovation and access. Some of the concerns include the use of continuations to build patent thickets to raise litigation costs as well as resulting in possible delays of generic entry; evergreening practices; and product-hopping. Notably, the FDA is generally interested in increasing communication and collaboration to address those issues, including offering expertise, collecting additional information regarding IPRs and other post-grant procedures as well as inquiring whether examiners need more time to review patent applications. While the Trump Administration also had concerns regarding drug pricing, President Biden’s recent Executive Order concerning competition is the impetus for this letter’s push for increased collaboration.
"Where money issues meet IP rights". This weblog looks at financial issues for intellectual property rights: securitisation and collateral, IP valuation for acquisition and balance sheet purposes, tax and R&D breaks, film and product finance, calculating quantum of damages--anything that happens where IP meets money.
Showing posts with label patent and trademark office. Show all posts
Showing posts with label patent and trademark office. Show all posts
Wednesday, 3 November 2021
Tuesday, 11 September 2018
Reducing Regulation at the United States Patent and Trademark Office
The United States Patent and Trademark Office [USPTO] has
formed a “Working Group on Regulatory Reform.” [Working Group]. The Working Group is responsible for following
President Trump’s Executive Orders concerning reducing regulations: “federal
agencies [must repeal] two regulations for every new significant regulation,
and in such a way that the total cost of regulations does not increase.” Notably, the USPTO website has a somewhat
broader charge than that: “consider, review, and recommend ways that USPTO
regulations can be improved, revised, and streamlined.” The USPTO website further states:
This Working Group consists of subject matter experts who are
familiar with all of the agency’s regulations and will meet on a weekly basis.
Members of this Working Group will also represent the USPTO on the Department
of Commerce’s Regulatory Reform Task Force. Throughout this process, the USPTO
Working Group will be seeking public input for any rulemaking that would revise
or eliminate regulations.
Nicolas Oettinger, Senior Counsel for Regulatory and
Legislative Affairs in the USPTO’s Office of General Counsel, will be leading
this effort.
Additionally, members of the public may submit their ideas to
improve, revise, and streamline USPTO regulations to: RegulatoryReformGroup@uspto.gov
(link sends e-mail).
The Working Group’s recommendations will be interesting to
follow. Notably, the public can submit
comments.
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