Nanomedicine Patent Thickets Threaten Future
cheesedog writes "Over 5000 nanomedicine/nanotech patents have now been granted, and the patent land grab continues unabated. Dr. Raj Bawa says, "Patent thickets are considered to discourage and stifle innovation. Claims in such patent thickets have been characterized as often broad, overlapping and conflicting - a scenario ripe for massive patent litigation battles in the future." According to Bawa, nanomedicine start-ups may soon find themselves in patent disputes with large, established companies, as well as between themselves. In most of the patent battles the larger entity with the deeper pockets will rule the day even if the innovators are on the other side."
Can someone tell me why this is bad news? Why is the assumption that innovation will be followed by excessive litigation? Even though there have been patent lawsuits that are meritless, I can only see the amount of innovation in this area as a good thing.
No Sigs!
Why of course, the sooner these folks are granted their "over-broad" patents, the sooner they'll expire, leaving the field WIDE-OPEN.....
Perhaps we could see a situation where the first of these patents are expiring before the first real nano-technology is available! By all means guys... get your patents in early, the earlier the better.
I seem to recall there was a catch though....Didn't you need to actually be able to "do" the thing you were going to patent? I seem to recall that was part of the test, that it actually needed to be possible at the time you were patenting something, not just a crack-pipe dream....
mark my words:
In 20 years (give or take) the medical patent fiasco will have led / be leading to violent warfare. Everything from 'insurgents' (read: terrorists / read parents who don't have 100 grand for their kids cancer) to invasions of countries that are violating some (Bush family read: Phizer) intellectual property feudal land holdings. It's not a coincidence that the US pharm industry is stacked with 'retired' air force generals and military industrial profiteers.
mark my words and sign me
Anonymous Coward
I know this will get flamed to hell by all those who know better, but if you can follow the idea/intent and not so much the specifics....
So here's my idea, extremely shorten the life of a patent! (Say 5 years.)
Reasoning: A company or person spends some time, some money, thinks about it and comes up with this great innovative thing. As a reward for this they are allowed to do whatever the hell they want with it for the time period to establish themselves as a brand, develop the technology etc... If they're innovative (and they'll have to be now to survive) then they'll always stay ahead of the game and hence will keep getting paid (a 5 year headstart is a lot in technology). If they sit back just to collect bucks then it will be finite and still run out.
This way they can charge companies who want to use up-to-the-minute technology and when the idea becomes out of date, or commonplace/practice (e.g. MP4 !FU2BELL!) then it's anyone's game.
There are i'm sure a lot of dissadvantages to this, i'm not saying it's perfect, but even this is a shit load better than what is already in place.
I guess to cut it short there needs to be a patent system that
1) REWARDS INNOVATION
2) PUNISHES TROLLS
If you're 5 years ahead of the game before the competition can even start developing that technology, get in.
Maybe not even make it free, but say reduce it's costs to like a 1/3 of the price. I'm rambling and typing quickly, apologies.