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Guest Editorial
(5 pages)
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Making
the World Safe for Biotech Patents
Bruce
A. Lehman
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Abstract: :
No Abstract: Available
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Feature
(9 pages)
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Patent Infringement in the Life Sciences
Arena: Navigating Your Way through the Experimental Use Exception
to Patent Infringement
Hollie Baker and Emily Whelan
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Abstract: The economic realities of operating
research laboratories on limited budgets, together with the potential
for unintentional infringement, have prompted serious discussions among
the academic, business, and legal communities about whether there should
be a statutory infringement exemption for academic research. While Congress
has the power to enact a statutory provision exempting certain research
from patent infringement, so far it has declined to do so. The enactment
of a statutory research exception defining permissible noninfringing
uses of a patented invention in academic research would inform both
scientists and industry of their rights and obligations toward patented
technology. While granting a patent right to an inventor is intended
to be a motivation to invent, yet that same right may act as a barrier
to others in developing future inventions. For now, with the exception
of selected activities exempted under current law, scientists who rely
on the experimental use defense to shield their research activities
apparently do so at their peril. This article highlights the key issues
impacting the life sciences sector as a result of the lack of statutory
provision for a broad research or experimental use exception in the
United States (U.S.).
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Feature
(4 pages)
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Surviving A Catastrophe: Are You Prepared?
Philip W. Fiscus
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Abstract: As biotech executives move to the
front lines with patriotic and commercial fervor, many of their own
firms remain vulnerable to terrorist threats and other catastrophes.
From a business standpoint, a key lesson of September 11 was that companies
that survive a catastrophe with a minimum amount of damage are inevitably
those that plan ahead. However obvious the message, many biotechnology
companies do not take the time to develop comprehensive plans that would
reduce the likelihood and impact of a disaster; enable them to respond
quickly and effectively to an emergency to ensure the safety of employees
and to contain losses; and establish contingencies to stay in business
during a disaster and resume normal business operations as quickly as
possible. This article discusses specific protective measures that biotechnology
companies should consider.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Feature
(2 pages)
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The Sarbanes-Oxley Act of 2002: A Changing
Landscape for Corporate Conduct
Eugene W. McDermott, Jr.
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Abstract: Corporate accountability, accounting
reform and other governance issues have been making headlines since
the current wave of corporate scandals began. Public reaction to real
or perceived abuses or questionable accounting and disclosure practices
have forced rulemakers at all levels to address issues of corporate
governance and accountability. On July 30, 2002, President Bush signed
the Sarbanes-Oxley Act of 2002 (the Act) into law. The Act
addresses a wide range of issues relevant to publicly-held companies
and their auditors, including auditor oversight and independence, corporate
responsibility for financial reports, audit committee independence and
enhanced financial disclosures. While the Act by its terms applies only
to public companies, it also may have the effect of setting standards
of conduct that many private biotechnology and life science companies
will want to emulate, or at least consider, in order to meet investor
expectations in corporate governance areas. This article provides an
overview of the new legislation and issues pertaining to corporate governance.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Feature
(11 pages)
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A Physician's Duty to Warn Family Members
of Genetic Risks: Limiting the Importance of Tarasoff
Scott Russell
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Abstract: This paper addresses whether a
physician should be held liable for failing to warn family members of
potential risks of genetic disease. Resolution of this complex issue
requires consideration of physician-patient confidentiality, the psychological
impact of the warning, the efficacy of genetic testing, and the need
to protect the physical well being of family members. The paper concludes
that application of the Tarasoff factors, which focus primarily on the
foreseeable aspect of the threat and the identifiable nature of the
third parties, is an insufficient means for determining whether this
duty to disclose exists. Instead, in addition to the Tarasoff factors,
a physician must consider a number of case-specific factors in deciding
whether the benefits of disclosure outweigh the psychological effects
of knowing of the disease and the public policy reasons behind physician-patient
confidentiality. Likewise, a court should consider these same factors
as applied to a hypothetical "reasonable physician" before
concluding that a specific physician has a duty to warn family members
potential of genetic threats. (11 pages)
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Feature
(12 pages)
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Patent Protection As A Paradigm Against
Bio-Terrorism
Boris Shakhnovich
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Abstract: In light of the tragic events of
September 11, 2001 in NY, and the forthcoming anthrax cases, the determination
and destructive power of terrorists are at the forefront of todays
sociopolitical debate. In this paper, the possible implications of recent
developments in biotechnology with respect to making a weapon as well
as creating paradigms for protection are explored. Further, this paper
considers this problem in the framework of the United States (US) patent
system and intellectual property protection rights. It is clear that
viable strategies have to be developed in order to protect civilian
populations against possible use of biological weapons against populated
areas.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Special Segment:
Bio-Asia
(9 pages)
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Recent Landmark Biotech Patent Law Developments
In Japan
John A. Tessensohn and Shusaku Yamamoto
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Abstract: The ability to harness scientific
breakthroughs through the establishment of patent rights is fundamental
to the competitiveness of the world's biotechnology industry. Recently,
Japan witnessed a pair of landmark patent developments that will affect
the biotechnology industry in Japan - the world's second largest modern
economy. This article discusses these developments and summarizes Japanese
Patent Office's position on reach-through claims of so-called research
tool patents thereby providing important signposts on the scope of patentable
biotechnology inventions in Japan.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Special Segment:
Bio-Asia
(5 pages)
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The Life Sciences Industry in Singapore
Khor Hwee Ping and Yvette S. Flanigan
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Abstract: To
create a favorable environment for biomedical sciences to flourish,
Singapores Government is committing extensive resources and finances
to establish a comprehensive infrastructure favorable for the development
of the biomedical sciences industry in Singapore. In fact, the Government
has set a formidable target of being the key business base of 15 world-class
companies and a regional center for clinical trials and drug development
by 2010. This article provides an overview of the Life Science industry
in Singapore and describes the government initiatives designed to achieve
these goals.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Special Feature:
BioAsia
(11
pages)
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Informed Consent in Clinical Research:
Policies and Practices in Singapore
A.J. Ramachandran
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Abstract: The policies and practices for
obtaining informed consent from research subjects in clinical research
play a vital role in determining a nations success as a center
for clinical research. The difficulty lies in the fact that while on
one hand, informed consent is a necessary pre-condition for ethical
clinical research, a scrupulous observance of the guidelines for informed
consent could, on the other hand, cripple medical research. Crippling
of ethical medical research can be adverse to public interest and, consequently,
unethical. Hence, a fine balance must be struck in the application of
the guidelines for obtaining informed consent. This, in turn, would
depend on the constitution and skill of research ethics committees who
are appointed to consider and approve clinical research proposals. The
discussion below addresses the above difficulty with recommendations
that could further enhance Singapores image as a regional clinical
trial hub.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Feature
Business
Strategy
(2
pages)
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Business Strategy
Biotechs: Turning The Corner to Profitability
Suzanne K. Sterling, Andrew Sherman, Joshua
M. Kaye
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Abstract: Bringing a product from conception
to market is no easy task regardless of the product type. In biotechnology,
the task is complicated by uncertainties relating to financial support,
Food and Drug Administration (FDA) approval, and third-party reimbursement.
This article briefly highlights the hurdles faced by biotechnology companies
in bringing a product to market and suggests possible strategies to
achieve profitability. We didn't realize that the science part,
while difficult, is only the first step.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Feature
Federal Circuit
(6 pages)
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Describing Your Biotechnology: The Significance
of Enzo Biochem & Eli Lilly
Ashe Puri
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Abstract: This article addresses the Federal
Circuits recent decisions in Enzo Biochem v. Gen-Probe and Regents
of the University of California v. Eli Lilly concerning the validity
of biotech patents under the written description requirement of 35 U.S.C.
§ 112, 1. The issues raised by Enzo Biochem and Eli Lilly are revealed
by an analysis of the courts application of the written description
requirement to the original disclosure of the patent. The article concludes
with a summary of the current state of the law of the written description
requirement.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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Feature:
Financing
(5 pages)
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Biotech Endures: Looking Back at 2002 and
Ahead to 2003
G. Steven Burrill
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Abstract: Having been in Wall Streets
penalty box for the entire year, the publicly traded biotech sector
has finally bottomed, reversing its downward trend. Market capitalization
for the biotech industry rose from $219 billion at the end of October
to $225 billion as of December 9, 2002-an increase of 3% for the month
and a half. Yet biotechs down dramatically from its February 2000
high of $490 billion (down 54%), also down by 47% from its 2000 year-end
market cap of $422 billion and its starting 2002 market cap of $382
billion (down 41% year to date). Despite significant revaluation and
massive restructuring, biotech is in better shape than many expected...even
prospering, contrary to public perception.
©2002
by The Journal of BioLaw & Business. All Rights Reserved.
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