Our laws create a statutory presumption as to the patent's validity.
Some brand-name manufacturers have chosen to settle lawsuits filed by generics instead of litigating.
Wouldn't you have to concede that then in that circumstance you've got pro-competitive effects?
I want to talk just a little bit about our use of the term 'pay for delay' today.
On average, it takes 10 years and $1 billion to develop and gain FDA approval for a new drug.
But to assume that requires us to assume at the outset that the patent is, in fact, invalid.
I agree with the holding of the Supreme Court.
Both this recoupment of investment and these profits are jeopardized by lawsuits that are filed by generics.
Opponents of reverse settlements have for several years argued that they're anti-competitive.
Pharmaceutical patents are extremely valuable and it's for good reason that they're valuable.
I think that encapsulates pretty well their approach, and I wish we had a little more time to discuss that but perhaps a...
About 65 percent of my State is controlled by the Federal Government, they are Federal lands.
I believe you will be an exceptional addition to the International Trade Commission.
I'm proud of the fact that we are pursuing this.
The Commission has their tradition of working with both the legislative branch and the executive branch to provide analy...
How dare anybody suggest that we are at the end of this? This is the beginning of this.
We have to make an example of it. We need to get to the bottom of it.
intellectual property is an important part of our U.S. economy.