LYCOS RETRIEVER 
Patent: Patent Reform
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A self-proclaimed goal of the Patent Reform Act is to decrease patent litigation. But lawmakers have forgotten that a patent does not even give an inventor the right to practice the patented invention – only the right to exclude others from practicing it.
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October 25, 2007 - Several members of the Medical Device Manufactures Association board were in Washington, DC last week to share their views at a press conference on/of the Patent Reform Act of 2007. The event was a joint effort by MDMA, Bio, NVCA and the Innovation Alliance to present to the public some of the potentially devastating consequences the proposed measure could bring about if implemented in its current format. Joe Kiani, Chairman of the MDMA Board of Directors, and Mark Wan... on the Board, spoke on behalf of the organization. Both Kiani and Wan emphasized that the proposed changes to the patent system would create uncertainty about the validity of patents and drive venture capital away from innovative device companies.
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The Department of Commerce sent a letter to Sen. Patrick J. Leahy Chairman, Committee on the Judiciary, on the views of the current Administration on S. 1145, the Patent Reform Act of 2007. The letter basically outlines the Administration’s big beef with the bill, that is, with Section 4, Right of the Inventor to Obtain Damages, in response to the committee’s report.
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Senate Judiciary Committee Chairman Patrick Leahy recently released a Senate status summation on S. 1145, the Patent Reform Act of 2007. It shows a diversity of comprehension, misunderstanding, and uncertainty by various senators. Meanwhile, the White House chips in.
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