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California group says ruling weakens WARF's stem cell patent

Madison, Wis. - A California taxpayer and consumer rights group believes the U.S. Supreme Court's recent eBay ruling weakens the position of the Wisconsin Alumni Research Foundation regarding its stem cell patent, but a spokesman for the Wisconsin foundation said its recent $1 million jury reward in the Xenon Pharmaceuticals case demonstrates its ability to......

Full article >>> ly read the decision, they would see the specific mention of how this doesn't apply to universities because they clearly aren't going to be the ones who are going to commercialize the invention," Cohn said. "This decision will have absolutely no impact on our patent whatsoever."

WARF has $1.5 billion at its disposal to defend its patents. Earlier this week, a jury awarded WARF $1 million......

Full article >>> illion in taxpayer funds are at stake.

Earlier this year, WARF General Counsel Elizabeth Donley, speaking at a stem cell conference in San Francisco, indicated that WARF would defend its patent rights. She said because the State of California expects a payback if any cures are developed with Prop 71 public money, WARF is entitled to a share of the revenue.

The FTCR isn't alone in......

Full article >>> off the deep end," Cohn said. "If it wasn't for WiCell and for the University of Wisconsin, they wouldn't have anything to spend the $3 billion on in the first place."

Cohn also took issue with the need for patent reform, saying the American patent system works. "It has fueled a biotech revolution in this country, an......

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Source:wistechnology.com By Joe Vanden Plas 05/19/06


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