US SB2150 | 2013-2014 | 113th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on March 24 2014 - 25% progression, died in committee
Action: 2014-03-24 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Independent Innovator and Repurposing Act - Establishes procedures under which the term of an unexpired patent claiming a method of using a biological product shall be extended for five years from its original expiration date. Requires an application for such an extension to demonstrate that: (1) the patent was issued to an independent innovator, and (2) the owner of record is the independent innovator or a small business (with fewer than 500 employees and which is not affiliated with the holder of the marketing application approved under licensing requirements of the Public Health Service Act for the commercial marketing of such biological product) in which the independent innovator has an ownership interest. Defines "independent innovator" as a person or entity that obtains a method of use patent for a biological product and is not, at the time of invention or patent filing, affiliated with the holder of an approved application for the commercial marketing of the product.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Independent Innovator and Repurposing Act

Sponsors


History

DateChamberAction
2014-03-24SenateRead twice and referred to the Committee on the Judiciary.

Same As/Similar To

HB4287 (Same As) 2014-04-16 - Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.

Subjects


US Congress State Sources


Bill Comments

feedback