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|Articles - February 2013|
|Monday, January 28, 2013|
Page 3 of 4
John Bial, president and CEO of biotech firm Yecuris Corporation in Portland, thinks first to file means “people will have to be a lot more careful in their conversations,” and says it’s seldom clear in collaboration when a patentable idea has presented itself. “You never know until you’re done if it’s going to generate anything useful.”
“People are naive,” he adds. “They don’t get the right kinds of confidentiality agreements in place and they get scooped. And now it will be worse.” Yecuris has two patents pending for mice bioengineered to contain human livers and immune systems, which sell for $1,500 to $3,500 per mouse as research subjects for drug metabolism, toxicity and a host of infectious diseases. The company also has a patent pending on a rat version of its technology and licenses two patents to enable operability of the models.
Bial anticipates a five-year wait on patents. In the biotech field, slower patent examination is the norm, along with extended waits for FDA approval, so the 20-year monopoly on a product is often cut in half or worse. Bial hopes the reforms will speed up patents and reduce litigation. He knows of one infringement suit that lasted 10 years. “It cost time and money on both sides. I’m not sure that anyone won.”
Thursday, February 27, 2014
Our 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.
Thursday, March 27, 2014
BY MARY SPILDE | OP-ED CONTRIBUTOR
Community college career, technical and workforce programs present an opportunity to bring business and education together as never before.
Thursday, March 20, 2014
BY JASON NORRIS | GUEST BLOGGER
I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.
Thursday, February 20, 2014
BY VIVIAN MCINERNY | OB BLOGGER
As retailers consolidate and newspapers fold, the business of modeling shifts to ad agencies, apparel companies and new media.
Thursday, April 10, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
SEMpdx hosted a workshop this week for entrepreneurs, website developers and others interested in search engine optimization (SEO). Here are a few tips and tricks aimed at bumping up your search engine rankings.
Wednesday, April 02, 2014
A new report explores the impact of millennials on Oregon's business and political climate.
Tuesday, April 08, 2014
BY HANNAH WALLACE | OB BLOGGER
It may be obvious, but most farmers don’t make a lot of money. According to preliminary data from the 2012 Agriculture Census, 52% of America’s 2.1 million principal farm-operators don’t call farming their primary occupation. Farm cooperatives may offer a solution.
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