BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

AusBiotech Ltd. Supports Government's Response on Patents


11/28/2011 11:37:08 AM

24 November 2011 -- Patents are a key incentive for investment in research and development and a strong patent system will provide confidence and encourage the significant investments in biotechnology innovation, while ensuring access for patients to new treatments, diagnostics and to researchers to continue their work.

The Government has given a detailed response to three historical reports from the Senate Community Affairs References Committee (2010), the Advisory Council on Intellectual Property (2010) and the Australian Law Reform Commission (2004).

AusBiotech CEO, Dr Anna Lavelle said: “We congratulate the Government on responding to these previously unaddressed reports, which will now allow us to move forward with greater clarity to provide improvements to intellectual property management in Australia.”

In its report the Government noted that a number of recommended changes/actions are already being addressed through the ‘Raising the Bar’ Bill which is currently in the Senate awaiting passage.

Dr Lavelle said: “The Government’s response, which includes progressing the ‘Raising the Bar’ Bill, answers the stated community and concerns over patient and research access, while, ensuring a patent system that will encourage development of new biotechnologies. It provides further evidence that the private members bills on patenting biological materials currently in the Parliament are redundant and fundamentally flawed – and should be abandoned.”

Media enquiries: Lorraine Chiroiu, AusBiotech’s Communications Manager, lchiroiu@ausbiotech.org P: +61 (0) 39828 1414, M: +61 (0) 429 801 118



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES