• Crony Capitalists Lobbying To Rig Patent Law For Big Pharma

    Lobbyists for Big Pharma are pushing for a special change to patent law that would remove pharmaceuticals from a patent review process called the Inter Partes Review (IPR). This patent procedure screens out fraud and allows more efficient challenges to bogus patents.

    One great example of what Big Pharma is trying to protect is a new patent because they have invented this brand new thing called — refrigeration. You might know this as the process whereby you store food in a cold storage unit so that the food lasts longer and stays fresh. Well, Big Pharma discovered that one of their drugs lasts longer in a fridge, so they tried to patent the refrigerated drug.

    The drug is called Phenulephrine Hydrocloride 2.5% and they want to protect the refrigeration of the drug as a patent. An examiner reviewed the patent request and found that it lasts more than 6 months when in the fridge, yet not when it is at room temperature. Shocking!

    This may be a funny example, but the truth is that bogus patents are filed every day. The IPR is a way to screen out patents like this that don’t pass the laugh test. Without a streamlined process, filing dumb patents would serve the purpose of allowing a drug company to hold onto a patent longer than they should.

    The result is higher costs to old people and people in need of prescription drugs. Keep a close eye on Big Pharma lobbyists to make sure they don’t use an end of the year push to quickly pass large bills as a way to sneak a provision to exempt pharmaceuticals from the IPR screening process.


    Cloakroom Confidential

    Cloakroom Confidential was a longtime Capitol Hill staffer and insider who has contacts in the House and Senate at the highest levels.

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