Home Back Issues February 2013 Oregon startups turn to patents

Oregon startups turn to patents

| Print |  Email
Articles - February 2013
Monday, January 28, 2013
Article Index
Oregon startups turn to patents
Page 2
Page 3
Page 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.”

0213 Data 05

0213 Data 06

 



 

More Articles

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

The Backstory

October 2014
Thursday, September 25, 2014

In our cover story this month, Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, discuss their rapidly growing businesses and Portland’s red hot food scene. The conversation provides an interesting lens through which to explore trends in the grocery store and restaurant sectors.


Read more...

Podcast: Testing for Emotional Intelligence with John Hersey

Contributed Blogs
Friday, September 19, 2014
ivbU3sIXBY TOM COX | OB BLOGGER

How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?


Read more...

Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

College Conundrum

October 2014
Thursday, September 25, 2014
BY KIM MOORE

University and college tuition fees have been rising for more than a decade, while state funds for higher education have steadily declined.


Read more...

Launch

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

October's Launch article features Soul Kitchen, Easy Company and Slick's Big Time BBQ.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS