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Biotech / Medical : Incyte (INCY)
INCY 102.05+0.3%Nov 21 9:30 AM EST

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To: RCMac who wrote (925)3/22/1999 2:24:00 AM
From: A.J. Mullen  Read Replies (1) of 3202
 
RCM,
Yes, very useful reminder that royalties stemming from use of software independent of patents. My concern wrt patentability is whether the courts might hold that, for a patent to be valid, there must be some description of the function. What's going to happen when a team that has elucidated the gene & defect responsible for a disease discovers INCYTE has already patented a piece of DNA that intersects "their" gene? I would imagine they would argue that they've done the useful science, and they should get the rewards.

RCM, would you address the issue please? Despite this concern I own INCYTE, and recently bought more.

AJ
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