Commerce, Manufacturing, and Trade Subcommittee Chairman Lee Terry (R-NE) today put forward draft text of legislation to address illegitimate patent demand letters. The legislation aims to protect businesses from abusive patent assertion entities (PAEs), or patent trolls, while preserving the ability of legitimate companies to prosecute their patents.
An important component of the Architecture of Abundance, this legislation will help facilitate a new manufacturing renaissance and allow Americans to realize the benefits of our growing energy development.
On Tuesday, May 6, 2014, at 3 PM , the committee will host thought leaders in the first public discussion regarding the state of biomedical innovation in the United States and what else can be done to accelerate the process of bringing new treatments and cures to patients. Participants will include: