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GE says bye-bye to biotech. … So it goes.

 

February 25, 2019  — The Wall Street Journal headline reads: GE to Sell Its Biotech Business for $21 BillionI now know for certain that we’re in a topsy-turvy world.

General Electric logoBack in 1980 it was lawyers for the General Electric company that persuaded the U.S. Supreme Court to affirm, in the legendary decision of Diamond v. Chakrabarty, that even a living organism could be the subject of a United States patent.   Numerous commentators have observed that this green-light signal from the legal system paved the way for billions of dollars of investment in biotechnology research and development, spurring the fruition of this nascent field.  These include David Kappos, who, as the Director of the U.S. Patent and Trademark Office, said so in a speech to the international convention of the Biotechnology Industry Organization in 2011 (click here for BIOtechNOW’s July 5, 2011 article about his speech).

But since then, the Court has eroded the effect of that formerly auspicious doctrine.  For example, in 2013, the Ass’n of Molecular Pathologists  v. Myriad Genetics case held that even a unique and non-obvious DNA molecular probe wouldn’t be patentable if the sequence of its nucleotides is the same as those of a portion of a naturally occurring chromosome. 

Probably it’s mere coincidence that GE is now divesting its biotech arm.

But as Kurt Vonnegut would remind us  …. So it goes.

Gerry Elman and Josh Waterston’s DPAC Presentation on Trade Secrets – December 18, 2018

On December 18th, 2018, Gerry Elman and Josh Waterston hosted a discussion with the Data Protection Advisory Council, on the topic of Trade Secrets: an Essential Element of Your Intellectual Property Strategy.

Companies generally have records of their intellectual property ('IP') in the categories of patent, trademark, and copyright. But most overlook the value of their data that would qualify for protection as trade secrets. Because trade secrets don't get registered with a government agency, they're the red-headed stepchild in the IP family. Yet when your company assesses and documents its trade secrets, you enhance their protection against misappropriation. Gerry Elman and Josh Waterston of Elman Technology Law, P.C., shared a roadmap for making this a part of your comprehensive data protection strategy. Companies can learn how to get the benefit of trade secret protection not only under longstanding local state law, but also under a comparatively new federal statute – the Defend Trade Secrets Act of 2016.

Download their presentation on Trade Secrets: an Essential Element of Your Intellectual Property Strategy using the form below.

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To send a message, please use the following box. Keep in mind that no attorney-client relationship is created through this communication, and this communication is not confidential. For a confidential consultation, please call us at (610) 892-9942.


Gerry Elman speaks at the 2018 National CIO Government Technology Conference

At the National CIO Government Technology Conference held on Oct. 25, 2018 at the Pyramid Club in Philadelphia. Gerry Elman and Austin Morris of Morris Risk Management co-presented the lunch keynote on 'Cyber Security and Cyber Risk Management'. Josh Waterston also was an active participant in the event.

The CIO Government Technology Conference brought together leading CIOs, CISOs, and government IT executives from across the U.S. to confront and overcome current industry issues, cybersecurity, and cloud computing. The goal of the CIO Government Technology Conference was to create an environment where public and private sector executives could explore IT challenges and identify strategies to address short, medium and long term goals. And as a last-minute addition to the agenda, Betty Duroseau introduced an international panel which discussed sustainable development in Haiti, including implementation of the Internet of Things.

Download Gerry’s presentation on Mitigating Legal Risk from Cyber and Privacy Infractions using the form below.

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To send a message, please use the following box. Keep in mind that no attorney-client relationship is created through this communication, and this communication is not confidential. For a confidential consultation, please call us at (610) 892-9942.


Watch Gene Dolgoff’s video on The Importance of Patents


We are delighted to share with you this video by our client Gene Dolgoff. Gerry Elman helped him file his first patent application in 1968, which Gene mentions here. And we are honored to be helping protect the intellectual property for his latest inventions as well. Click the > PLAY button in the image to start the video.

Aug. 21, 2018: Join the Cloud Security Alliance for a free breakfast & networking event in Philadelphia

Cloud Security 101 – SMB Horror Stories and How to Avoid Them.

Date:  Tuesday, August 21, 2018 at 8 AM

Location:  WeWork, 1601 Market Street, Philadelphia, PA  19103

Click here to register

Gerry Elman and Josh Waterston are on the Board of CSA-DV and strongly support the goal of educating the public about cloud security.  Like many of our friends, we know first-hand the cybersecurity risks that small and medium-size businesses face every day.  Such businesses often have fewer staff and financial resources to apply to cybersecurity threats.  Going to “the Cloud” is a very tempting solution, with both risks and rewards.

Join us to learn more about Cloud Security from people who have been there and done that. Hear real stories, harrowing horrors, near misses and great successes from other SMB’s. Learn how you can securely leverage “the Cloud” for your digital and data landscape…  And make some great connections along the way.

We look forward to seeing you there!

2018 Martindale-Hubbell® Peer Review Rating of AV Preeminent® Gerry Elman has received a 2018 Martindale-Hubbell® Peer Review Rating of AV Preeminent®
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