SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Myriad Genetics, Inc. (MYGN)
MYGN 6.565-3.2%Dec 23 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: mopgcw8/16/2012 2:29:30 PM
   of 2355
 
Appeals Court Rules for Myriad on Gene Patents

WASHINGTON—A divided federal appeals court on Thursday reaffirmed its ruling last year that isolated human genes can be patented, a victory for the biotechnology industry.

The U.S. Court of Appeals for the Federal Circuit, in a 2-1 ruling, again largely upheld the ability of Myriad Genetics Inc. MYGN -1.22% to obtain patents on two genes that can signal if a woman faces greater risk of developing breast cancer or ovarian cancer. Myriad's patents allow the company to be the exclusive U.S. commercial provider of genetic screenings for the diseases.

Patients and medical groups have argued that Myriad is trying to patent "products of nature," which can't be patented. They say the gene patents interfere with medical treatment and scientific research, claims that Myriad disputes.

This spring, the U.S. Supreme Court ordered the Federal Circuit to reconsider the Myriad case in light of the justices' new ruling in a different patent case that tightened rules on medical-testing patents.

On Thursday, the appeals court said the Supreme Court's ruling didn't change the Federal Circuit's earlier decision.

"Permitting patents on isolated genes does not pre-empt a law of nature," Judge Alan Lourie wrote in the court's lead opinion.

Judge Lourie's opinion reiterated his earlier ruling that the process of extracting and isolating a gene from the human body made the gene chemically distinct from the DNA that exists naturally.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext