What Bilski Means For Biotech Patents
eldavojohn writes "Patents aren't just a software thing, and while Bilski's dismissal didn't shake the ground for software, it's certainly making waves in the biotech community. You may recall Prometheus v. Mayo, in which doctors fought a biotech startup's methodology patents. Well, medical method patents are now being reconsidered by order of the Supreme Court. Stocks of biotech startups jumped as this news broke, but questions remain on how the lower Federal Circuit court will rule when it reconsiders these cases of medical testing. It's clear the Supreme Court has 'ruled that judges should be more flexible in determining if methods, rather than objects, are eligible for patents, citing emerging technologies such as medical testing.' So Bilski may result in dire news for medical methods and testing patents."
The SCOTUS really screwed the pooch here. Considering how the oral arguments went, I was very surprised at the opinion they ended up releasing.
Living With a Nerd
IAAL. When SCOTUS takes a patent case, they're like a bull in a china shop. They're not engineers or patent lawyers, so they undo a lot of stuff that has been carefully worked out by the Patent Office and special patent courts. That said, the area of non-device patents has grown enormously over the last few years, and there was a great need to set some ground-rules to cut back on overreaching claims while giving people with new ideas a chance to make a profit from their innovations. In my view, Bilski is a monster (and necessary) bitch slap for methodology patents, which had gotten out of bounds. (IMO, the next one will come on copyright overreaching.) The Supremes deliberately left the opinion vague to let the experts work out the details.
Why do you think the methods would be unavailable to 'other doctors or hospitals?' The patent holders would want to maximize revenue by making the methods available to as many licensees as possible.
Licensing to as many as possoble may very vell be less profitable then licensing to a few who can pay really good. Thats why 7 miljon people in Africa don't get the medicine against AIDS that they need - they can't afford it.
The pharmaceuticals are making more money selling the AIDS medicine to those that can pay a high price then letting lots of people that really need it get it for a price they all can afford.
So no, its often more profitable to sell a medicine to a select few and let the rest die.
The technical term is the supply and demand curve in micro economics. (google it)
Just saying it like it are.