3 ms·
We can tighten up patent criteria as well. But the point is.... if any medical device could license any patent (doesn't matter what patent it is) for no more
by einhverfr 15y ago
We can tighten up patent criteria as well.
But the point is.... if any medical device could license any patent (doesn't matter what patent it is) for no more than 5% of manufacturer->distributor sales price, there would still be reason to fight bogus patents, but prices would drop because you'd only get 5% of manufacturing royalties for 20 years, not 20 years of monopoly rights.
- nitrogen 15y agoOk. Is that 5% allocated to all patents? 5% per patent? If the latter, 20 patents would be enough to own the entire revenues for a device. Manufacturers would have incentive to remove as much functionality as possible from each device (to minimize patent coverage), requiring doctors to purchase more separate equipment to get all the features they need. In the case of an abstract diagnostic method patent, patent owners would split diagnostics into as many patents as possible to get as many 5% chunks as they can.
- einhverfr 15y agoMost drugs have to license 1-2 patents at most. If you get rid of software patents, this problem becomes quite manageable in the medical world.