‘This important piece of legislation will protect our innovation economy by restoring stable and effective property rights for inventors.’
We sadly disagree, but certainly wish it was so. In our view the bill as it now stands will do nothing to appreciably help inventors, but it will probably help certain large universities and their large multinational research investors who are far more often defendants in patent suits. It appears they have had a substantial hand in this bill. Notice how universities are to be granted the micro entity discount. Considering some large universities have endowments in the billions and how in contrast inventors often risk their life savings to bring our inventions to market, that they should pay less than inventors is simply unfair. The rest of the bill likewise appears to be written from their perspective if not by them and for their benefit alone. Inventors will still be blocked from commercializing our inventions as we will not be able to get injunctions and we will still lose any patent we get in post issue admin reviews.
IN short, for inventors patents will still be far too hard, slow, and expensive to get, keep, and enforce. Such bills are little more than another nail in our coffin. So the rich will get richer and the patent system will be even worse of a sport of thieves.
We truly welcome the participation of all our friends in Congress who want to restore the patent system and not just continue to tilt the playing field in favor of large infringers (thieves) and their partners in crime: to ‘reform’ it to death. We are drafting our bill and hope to work with all of them. Let’s work together to restore.
For our position and the changes we advocate (the rest of the truth) to restore the patent system, or to join our effort, please visit us at https://aminventorsforjustice.wordpress.com/category/our-position/
or, contact us at aifj@mail.com