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Against Monopolydefending the right to innovate |
Monopoly corrupts. Absolute monopoly corrupts absolutely. |
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backRediscovering the Pharma Equivalent of Gravity--and Charging for It, of course Lilly lost its patent case to Ariad, as detailed in this
story.
Lilly claims that Ariad's patent for drugs working through a biological pathway "is equivalent to discovering that gravity is the force that makes water run downhill and then demanding the owners of all the existing hydroelectric plants begin to pay royalties on their use of gravity." The US PTO is rethinking the validity of Ariad's patent, at Lilly's request. Hopefully it will invalidate the patent. Presumably this would make the 50-odd firms Ariad has sent licensing letters to tell it to take a hike. [Posted at 05/05/2006 10:51 AM by William Stepp on IP in the News CommentsSubmit Comment |
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![]() ![]() ![]() Most Recent Comments A Texas Tale of Intellectual Property Litigation (A Watering Hole Patent Trolls) Aunque suena insignificante, los números son alarmantes y nos demuestran que no es tan mínimo como at 06/29/2022 08:48 AM by Abogado de Accidente de Carro en Huntington Park
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