Senator Proposes Compulsory Patent Licensing Bill

Law360, New York (May 26, 2006, 12:00 AM EDT) -- Vermont Sen. Patrick Leahy introduced a compulsory patent licensing bill to the Senate on Thursday that would enable U.S. generic drug firms to make low-cost generic versions of patented medicines for export to the poorest nations.

Leahy, a Democrat heading up the Senate Intellectual Property subcommittee, proposed the Life-Saving Medicines Export Act, which would specifically allow generic firms to make generic versions of medicine when a voluntary agreement between the generic and brand-name company cannot be reached.

“The need for these medicines is clear and present,...
To view the full article, register now.