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One of the questions this bill expects to answer is how much of the money spent by Washington on R&D would come back to the federal government if there were a royalty system. [© kentoh - Fotolia.com]

The Bayh-Dole Act and the more than $2 billion-a-year industry it spawned through technology transfer from academia survived its strongest challenge in June when the U.S. Supreme Court decided the Stanford v. Roche case. It held, by a 7–2 vote, that Roche shares ownership with Stanford University in three U.S. patents for a PCR-based test kit to detect and quantify levels of HIV in the blood.

Eleven days before that decision was rendered, a bill was introduced in the U.S. House of Representatives that would rewrite two of Bayh-Dole’s most important provisions. The aim of this bill is to revive the nation’s manufacturing sector and create a source of federal funds for science, technology, engineering, and math (STEM) education.

 

To read the full, original article click on this link: GEN | Analysis & Insight: Tech Transfer Bill in the House Would Rewrite Key Bayh-Dole Provisions

Author:Alex Philippidis