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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.”
Wednesday, August 13, 2014
BY TOM COX | OB BLOGGER
When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Tuesday, August 26, 2014
BY VIVIAN MCINERNY
Craft beer comes to Mount Angel.
Wednesday, August 27, 2014
BY AMY MILSHTEIN
Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.
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