Leading experts in intellectual property and biotech sought to understand the current challenges and map a way forward as the BIO IP Conference completed its second day in California yesterday.
What we’re watching today: AI and IP will be taken up, as well as a discussion of how to talk to policymakers about IP. Watch Bio.News for additional updates and coverage.
Why it matters: “There has been a lot of talk about different approaches under the new administration, including some improvements. It's great to have an event where we can prepare and be informed about these developments," said Dr. Hans Sauer, BIO’s Deputy General Counsel and VP for Intellectual Property.
Improving IP’s reputation: Patents get a bad rap, but academics and industry experts know IP rights actually drive innovation, said law professors Emily Michiko Morris, of University of Akron School of Law, and Jonathan Barnett, of USC Gould School of Law, in a fireside chat.
Working with academic researchers can help in efforts to educate legislators, future lawyers, and even the general public about the importance of IP rights. "I do have some optimism that over time, if you have sufficient accumulated knowledge pointing in one direction, hopefully the world will rebalance,” said Barnett.
BIO’s view: "In some ways the BIO IP Conference feels as if it hasn't changed since I first started attending 20 years ago," said Sauer. "It’s still an essential forum to discuss what's new in the industry and at the USPTO.”