BIO Statement Concerning the Recent Ruling Issued by the PTO’s Patent Trial and Appeal Board

WASHINGTON--()--The following statement may be attributed to the Biotechnology Industry Organization (BIO):

"It is disappointing that the PTO’s Patent Trial and Appeal Board (PTAB) failed to properly assess the important issues raised by this motion. This cursory and erroneous ruling reinforces the immediate need for Congress and the PTO leadership to take clear and decisive action to prevent any further misuse and abuse of the Inter Partes Review process by hedge funds, extortionists and other questionable entities seeking to undermine it for their own financial benefit."

About BIO

BIO is the world's largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIOtechNOW is BIO's blog chronicling “innovations transforming our world” and the BIO Newsletter is the organization’s bi-weekly email newsletter. Subscribe to the BIO Newsletter.

Upcoming BIO Events

   

PMC/BIO Solutions Summit
October 14, 2015
Washington, D.C.

BIO Latin America Conference
October 14-16, 2015
Rio de Janeiro, Brazil

 

BIO Investor Forum
October 20-21, 2015
San Francisco, Calif.

BIO-Europe
November 2-4, 2015
Munich, Germany

 

BIO IP Counsels Committee Conference
November 16-18, 2015
Cary/Raleigh, NC

BIO CEO & Investor Conference
February 8-9, 2016
New York, New York

 

13th Annual BIO Asia International Conference
March 15-16, 2016
Tokyo, Japan

BIO International Convention
June 6-9, 2016
San Francisco, Calif.

Contacts

Biotechnology Industry Organization
George Goodno, 202-962-6660
Web: www.bio.org
Blog: www.biotech-now.org
Twitter: @IAmBiotech

Contacts

Biotechnology Industry Organization
George Goodno, 202-962-6660
Web: www.bio.org
Blog: www.biotech-now.org
Twitter: @IAmBiotech