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Biotech / Medical : SIBIA Neurosciences (SIBI) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (400)6/24/1999 11:16:00 PM
From: LLCF  Read Replies (1) | Respond to of 579
 
It seems to me that the first paragraph is just a "summation" of their argument, and the "find that PFE hasn't infringed" just means "find in our favor. Therefore their whole argument will be the concept that these type of demands for this tool patent is unreasonable IMO:

<PFE has asked the U.S. District court in Delaware to rule that two patents held by SIBI are invalid and unenforceable, and that PFE has not infringed the patents.>
<PFE is seeking a declaratory judgement from the court to the effect that PFE has not infringed the patents, that the patents are invalid and that SIBI is misusing its patents.>

They then whine about SIBI demanding a royalty on all lumps of gold coming out of the screen... well what if SIBI said O.K. just pay us everytime you use the screen regardless of what comes out. Or just says no you're right just pay us 100mill up front and forget the royalties which we offered to make it more affordable for you to use our tool. Bottom line... SIBI owns the tool and they know it

"We believe such tools should be made freely available on reasonable terms"

I agree with you, they seem to be saying lets legislate this thing? Well hell I think Prozac should be.... $10 a year. Who are they kidding with this line??? To me it looks like they're taking on everyone with proprietary positions. The guy I talked to there used the example of a hammer, you buy it, it's yours, you dont pay a royalty on every house you build with it [like the gold example someone brought up]. Let my imagination run wild and I see 4 other big pharmas secretly chipping in on this lawsuit against this little nobody to set a precedent for attacking all of bioland.

In any case Peter's correct when he says: "going to be interesting"!

DAK