Human Gene Patent Challenged In Australian Court
dov_0 writes "Following a successful patent challenge in the US, an action is underway in Australia to have patents on two breast cancer genes declared invalid."
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Aren't patents supposed to protect inventions rather than just discoveries of something that exists already? Or are they claiming that they created those breast cancer genes in labs and forcefully injected it in their test subjects?
Look at their stock in the last month and then look down at related companies on that page and see how every single company in that industry has suffered stock prices plummeting in the last month. Not saying it's a bad thing or that these patents shouldn't be overturned but it was pretty obvious. Just to prepare everyone, you will see a short term drop in research devoted to identifying cancer genes unless it's government backed with your tax dollars.
My work here is dung.
Patents are a great idea, but the whole concept has been completely raped. The USPTO awards many patents that have no business being granted, and many applicants try to make their claims as broad as possible.
"But if we only claim what we invented, we won't make as much money!" The entire purpose is to protect what you invent, fuckwads. Stop stifling innovation by creating a pencil but applying for a patent that attempts to cover any tool used to write.
Living With a Nerd
the idea that you create a temporary monopoly (which seems to get less temporary every day) in order to encourage the creation of arts and technology has costs which outweigh the supposed benefit. for those who actually create, there are ancillary revenue streams which require no such legal protection
its time to completely trash ip law. all of it. copyrights, patents: trash it, all of it
intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
Idea:
If patents are created to be able to recoup costs of research/inventing/etc, why not put a profit cap instead AND a limit date?
Example: I spend $1Million on a 10 year research, I invent X thing, I can hold a patent on said invention for 20 years from patent date, OR for when I turn a net profit of $10Million; thus assuring that I recoup the invested money, and make a profit on it, or if I decide not to mass produce my invention for 20 years (or I cannot sell it) someone else can do it in 20 years.