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Biden’s Bayh-Dole Act proposal misuses ‘march-in rights’

March 20, 2024 - 05:00
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The Biden administration may soon gut the Bayh-Dole Act, one of our nation’s most important and impactful laws that also supports nearly $2 trillion in economic activity.In 1980, Congress passed the bipartisan act to help ensure that scientific breakthroughs at taxpayer-funded labs — especially at university labs that receive federal grants — would be turned into new, real-world products available to consumers.Before this passage, universities and other nonprofits that patented discoveries stemming from federally funded research had to turn the patent rights over to the government. And because the government rarely agreed to grant exclusive licenses to those patents, private-sector ...

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