1. Pink Sheet

US Patent Battles May Resume Next Congress; Reps Press For IPR Reform

 
• By Brenda Sandburg

10 New York representatives urge PTO to deny access to the inter partes review process to hedge funds and non-practitioners; generic companies join non-practicing entity Neptune Generics in challenging Lilly’s Almita patent.

While biopharma innovators failed to win major changes to the inter partes review (IPR) patent challenge proceeding this year, several members of the House have indicated that they are willing to continue the battle in the next Congress.

Ten US House Representatives from New York sent a Dec. 5 letter to US Patent and Trademark Office Director Michelle Lee urging her to use her statutory authority to curb the abuse of the IPR system by hedge funds and other non-practicing third party petitioners

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