| Stem cells, undifferentiated cells which
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| | research). A meeting of stem cell people
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| have the ability to turn into specific
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| | in March 2006 revealed a new problem.
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| cell types, hold promise to beneficially
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| | The holders of patents which already
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| impact health problems such as diabetes,
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| | exist in the area want future researchers
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| Parkinson's and Alzheimer's diseases,
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| | (such as those in California) to pay them
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| stroke, heart attack and spinal cord
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| | for doing research utilizing their
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| injury. Before his death, Christopher
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| | patents. Ironically, the demand was made
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| Reeve was a strong advocate of research
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| | by one state (Wisconsin's WARF) against
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| in stem cells.There has been controversy
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| | another state (California's CIRM). With
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| about certain types of stem cells. There
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| | the announcement that South Korea will
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| are three sources of stem cells, of which
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| | proceed with patent applications of the
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| one type, cells derived from early stage
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| | disgraced researcher Woo Suk Hwang, one
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| human embryos, has caused political
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| | realizes that there are likely to be many
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| division, because the creation of an
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| | patent holders in the field, all seeking
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| embryonic stem cell "line" requires the
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| | to cash in on the large amounts of money
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| destruction of a human embryo. Because
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| | being made available by states such as
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| of this, President Bush in 2001, stated
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| | California, New Jersey, Maryland,
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| his intention to "allow federal funds to
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| | Connecticut, and Illinois. An important
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| be used for research on existing stem
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| | message to appreciate is that money from
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| cell lines, where the life and death
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| | state-funding of stem cell research
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| decision has already been made," but no
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| | intended to create new horizons in
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| federal funds would be available for new
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| | medical treatment may be directed to
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| stem cell lines. This choice has been
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| | paying off holders of already-created
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| debated. The television show "60
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| | rights.Some of the problems may be
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| Minutes" reviewed the issue twice in the
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| | resolved. A recent decision by the
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| month of February 2006, on February 12
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| | Supreme Court (Merck v. Integra) defines
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| and on February 26.In the state of New
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| | a large safe harbor for those conducting
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| Jersey, the debate has been roughly on
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| | research needed to obtain federal
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| partisan lines, with Democrats favoring
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| | regulatory approval (e.g., FDA approval).
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| funding of stem reseach, and (some)
| |
| | This research exemption may moderate the
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| Republicans opposed. However, there is a
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| | impact of claims such as those by
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| separate division as to "what kind" of
| |
| | Wisconsin against California. However,
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| stem cell research. Hedging its bets,
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| | expectations of tangible results on a
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| New Jersey has proposed spending $150
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| | short time scale may be unrealistic. One
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| million on cutting-edge research on stem
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| | may question whether state funding will
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| cells, including the controversial
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| | produce any FDA approved embryonic stem
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| embryonic stem cells, $50 million on
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| | cell therapy in ten years. Patents issued
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| research on less controversial research
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| | in the next few years may be "too soon"
|
| focused on stem cells from cord blood,
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| | in time because commercialization of
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| placentas and other human tissue, and $50
| |
| | embryonic stem cell work is a long way
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| million on a center directed to
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| | off. This is an exciting time in a
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| commercial applications and clinical
| |
| | promising area, but with the unknowns one
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| trials of adult stem cells.The area of
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| | must recognize that there will be bumps
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| commercial applications has created
| |
| | in the road.Lawrence B. Ebert is a
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| unanticipated problems in the brave new
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| | registered patent attorney located in
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| world of large-scale state-funding of
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| | central New Jersey. He holds a Ph.D.
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| research. A legal opinion in 2005
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| | from Stanford, a J.D. from the University
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| prepared for California State Treasurer
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| | of Chicago, maintains a blog at
|
| Angelides suggested that tax-exempt bonds
| |
| | IPBiz.blogspot.com, and is the author of
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| could not be used to fund research
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| | LESSONS TO BE LEARNED FROM THE HWANG
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| wherein the state would share in money
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| | MATTER: ANALYZING INNOVATION THE RIGHT
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| generated by the research (specifically
| |
| | WAY, published in the Journal of the
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| sharing in payments by people who used
| |
| | Patent & Trademark Office Society [JPTOS]
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| patents generated by the state-funded
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| | in March 2006.
|