#DYK ? 3️⃣ in 4️⃣ voters agree on the importance of maintaining America's status as a global scientific leader.

Doing that requires protecting #BayhDole !
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The Biden administration's proposal allows the government to march in if the price of a product is 'unreasonable' - but '[t]here are no guardrails as to how an agency should determine that a price is unreasonable,' warns Robert Taylor in RealClearHealth.

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The generic drug industry, World Patients Alliance, and NVCA are among those who have spoken out on why the Biden administration's march-in proposal would do more harm than good.

Read our 'Myths v. Facts' #infographic to see what they had to say:
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'[This is] how banana republics function. It’s a model which would have the same devastating impact if ever adopted in the United States.'

Read our statement on the latest attempts to misuse #BayhDole for price controls:
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1/2 On this date in #innovation history: Jennifer Doudna & Emmanuelle Charpentier receive a #patent in 2019 for their #invention of their groundbreaking gene-editing technology known as CRISPR-cas9, which is versatile & easy method for altering genes. #PatentsMatter USPTO

#OTD in 1980, #BayhDole passed in the Senate on its way to becoming law!

Among its bipartisan supporters: then-Senator Joe Biden.
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The new #BayhDole guidance would put 'a target on the back of any company that brings [federally funded] technologies to market after investing the considerable time and money necessary for development,' writes Bayh-Dole Coalition ED Joe Allen in The Hill.

Read: buff.ly/3xLDTH2

#DYK ? Nearly 98% of the new drugs and therapies approved by the U.S. FDA between 1985 and 2022 are not march-in eligible. 🚫

Learn about the misconceptions surrounding National Institute of Standards and Technology's march-in framework in our 'Myths v. Facts' #infographic :
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As with the #TRIPS waiver, President Biden must choose to 'do no harm' and reject the proposed framework for march-in rights, writes Bayh-Dole Coalition Executive Director Joe Allen in The Hill.

Read:
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'When it comes to #quantum computing, that chilling effect [of misusing #BayhDole ] on research and development would enormously jeopardize U.S. national security.'

Read IonQ's founders' recent piece in FORTUNE:
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Thanks to #BayhDole , researchers at UNC-Chapel Hill & ECU were able to patent and commercialize an innovative bandage to protect wounded soldiers! 🩹

Learn about this Bayh-Dole success story, and many more, on AUTM's website:
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'University of Notre Dame's success is just one of many bright spots all across America. Over the last quarter-century, academic tech transfer supported by the #BayhDole model bolstered U.S. GDP by up to $1.9 trillion and helped create 6.5 million jobs.' IDEA Center Notre Dame
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'The proposed misuse of the law would send us back to the pre- #BayhDole era when U.S. industries avoided working with our research universities and federal laboratories.'

In The Hill, Joe Allen spelled out the urgency of rejecting the march-in framework:
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'The draft guidance, if implemented as written, will be detrimental to WARF’s philanthropic mission and have disastrous results for our colleagues and partners across the #techtransfer industry.' - WARF (Wisconsin Alumni Research Foundation)

Read what colleges are saying about march-in:
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'[Penn] is just one research institution that is pushing for the new rules to be repealed.'

Read WHYY's article on why universities are uniting in opposition to the new National Institute of Standards and Technology march-in guidance:
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Small businesses are in big trouble if National Institute of Standards and Technology's march-in framework is finalized:

🎓 Nearly 75% of university patents are licensed to small businesses
💡 The framework would impact all technologies
💸 The framework would deter VC investment

Learn more:
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.Bayh-Dole Coalition Executive Director Joe Allen has witnessed the entire history of the #BayhDole Act firsthand - and he shares its amazing story in this recent #podcast episode with FLC.

Listen below ⤵️
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Fmr. U.S. Commerce Dept. officials Andrei Iancu & David Kappos outlined why New Yorkers should be concerned about misuse of #BayhDole in The Buffalo News:

'New Yorkers, and all Americans, would lose out on the benefits that currently stem from their tax dollars.'
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'This is a huge deal. This [march-in] framework has the potential to completely undermine and undo the brilliance of the #BayhDole Act.' - Bayh-Dole Coalition Board Chair Brian O'Shaughnessy

Rewatch our #webinar on the existential threat to American innovation:
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#ICYMI , read Joe Allen's latest in The Hill:

'Like the @WTO [ #TRIPS waiver] decision but with even greater consequences, [march-in] is a matter of life or death to the U.S. economic engine.'
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