Welch Applauds U.S. Patent Office's Proposed Rules to Address Pharma's Abuse of Patent System, Foster Competition and Innovation
May 15, 2024
May 15, 2024
WASHINGTON, May 15 -- Sen. Peter Welch, D-Vermont, issued the following news release:
Today, U.S. Senator Peter Welch (D-Vt.) released the following statement applauding the U.S. Patent and Trademark Office (USPTO)'s Notice of Proposed Rulemaking on the use of terminal disclaimers, a practice often used by pharmaceutical companies to create "patent thickets" which prevent cheaper generic and biosimilar medications from entering the market. Senator Welch along with colleagu . . .
Today, U.S. Senator Peter Welch (D-Vt.) released the following statement applauding the U.S. Patent and Trademark Office (USPTO)'s Notice of Proposed Rulemaking on the use of terminal disclaimers, a practice often used by pharmaceutical companies to create "patent thickets" which prevent cheaper generic and biosimilar medications from entering the market. Senator Welch along with colleagu . . .