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Bayh Dole Act

All articles tagged with #bayh dole act

Trump Threatens Harvard's Valuable Patents

Originally Published 5 months ago — by Politico

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Source: Politico

The U.S. Commerce Department is reviewing Harvard's compliance with federal rules regarding patents from federally funded research, threatening to seize patents worth hundreds of millions if Harvard fails to provide required disclosures by September 5, citing concerns over non-compliance with the Bayh-Dole Act.

US Government Rejects Attempts to Lower Price of Cancer Drug Xtandi.

Originally Published 2 years ago — by Endpoints News

Featured image for US Government Rejects Attempts to Lower Price of Cancer Drug Xtandi.
Source: Endpoints News

The National Institutes of Health has declined to use "march-in" rights to lower the price of Astellas and Pfizer's prostate cancer drug Xtandi despite being invented at UCLA with grants from the US Army and NIH. The institutes' analyses found Xtandi "to be widely available to the public," an indication that there was not a pressing need for the US to act. Under the Bayh-Dole Act, the government can promote the commercialization and public availability of even partially government-funded inventions, but the move has never been successful.