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Guest Editorial
(3 pages)
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Restoring
Public Trust in Gene Therapy
Senator
Edward M.Kennedy
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Abstract: A new era has dawned in science
and medicine. In the year 2000, scientists completed
the awesome task of deciphering the DNA sequence of the human genetic
code, which has been called the very book of life. Much work remains
to be done before the meaning of that achievement is fully understood,
but doctors and scientists have already begun developing new cures
for the deadly diseases that now bring disability or death to millions of
Americans.
The understanding
of the genetic code may have its greatest impact in the field of gene
therapy. The ability to introduce therapeutic genes safely and
reliably into patients promises to revolutionize the treatment of
illnesses ranging from cancer to Parkinson 's to heart disease. With
the recent successful treatment of two young children suffering from
a rare disorder of the immune system, gene therapy has now shown its
first signs of success, and ongoing clinical trials raise the hope
that coming months will see further breakthroughs.
Clinical trials
are as essential for continued progress in gene therapy as they are
in all areas of medical research. Patients who serve as research
subjects in these trials must be protected from unnecessary dangers,
and must be fully informed about the risks or benefits of the trials
in which they are participating. The death of Jesse Gelsinger clearly
illustrates the tragic consequences of failing to protect research
subjects adequately.
©2001 by The
Journal of BioLaw & Business. All Rights Reserved.
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Feature
(7 pages)
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Transaction
Trends -Equity Separation:Amicable Corporate Divorce Benefiting the
Biotechnology and Pharmaceutical Industries?
Eileen
Smith-Ewing
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Abstract: The
biotechnology and pharmaceutical industries are witnessing rapid
growth through equity separation, the splitting off of a
division or subsidiary from its parent corporation in order to
maximize shareholder value. One impetus behind equity separation may
be the expansion of the industry into revolutionary areas, such as
genomics and information technology. Equity separation can take any
of three forms: tracking stock, equity carve-out, or spin-off. This
article explores the equity separation phenomenon in the
biotechnology and pharmaceutical arenas and identifies benefits,
drawbacks, and key issues arising in these transactions.
©2001 by The
Journal of BioLaw & Business. All Rights Reserved.
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Feature
(8 pages)
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Use
and Internet Sale of Biotechnology Products
Kent
Stormer
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Abstract: Biotechnology
research involves, by its very nature, novel and newly-created
materials, genetically engineered substances, bio-active materials,
immunotoxins, radiolabelled compounds, and viruses. This article
provides an overview of various regulatory requirements,
agency-by-agency, that can affect the novel compounds that are
essential to the biotech industry. It also discusses the importance
of having a proactive compliance program in order to avoid regulatory
enforcement difficulties, which can be costly and distracting.
©2001 by The
Journal of BioLaw & Business. All Rights Reserved.
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Feature
(8 pages)
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Intellectual
Property Strategic Planning for Biotechnology Startups
Thomas
C.Meyers
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Abstract: Intellectual property (IP)
strategic planning can add significant value to a company s
business. An intellectual property plan that is integrated with the
companys business focus can create barriers to entry, attract
investment, and foster development of the company s own
expertise. This article explores some of the considerations that go
into developing a strategic plan.
©2001 by The
Journal of BioLaw & Business. All Rights Reserved.
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Feature
(9 pages)
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Implications
of Biology for Free Will,Moral Responsibility, and Criminal Law:What
if Science Can Explain Actions?
Martin
Frith
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Abstract: As
our understanding grows of the physiological mechanisms which
generate actions, the role we attribute to free will
shrinks, seemingly to an infinitesimal point. Yet it is often said
that free will is the foundation of criminal law. Genetic influences
on behavior do not determine specific acts and so their discovery
will not have drastic implications for criminal law. However, genes
and environmental factors together, interacting via the physiological
mechanisms which generate behavior, seem to constitute the entire
explanation of how actions arise. Modern philosophy contains
arguments for and against the possibility of free will, but their
implications for moral responsibility are not clear. An analysis of
criminal law shows that defenses of automatism and irresistible
impulse could be raised if the alleged criminal act has been
explained in terms of a physiological mechanism. Scientific
discoveries logically cannot have consequences for fundamental moral
principles, but they might have the psychological power to bring
traditional moral opinions to a crisis point.
©2001 by The
Journal of BioLaw & Business. All Rights Reserved.
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Special Segment
(3 pages)
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Genetic
Testing Policy Issues for the New Millenium:Organization for
Economic Cooperation and Development (OECD)
Elettra
Ronchi
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Abstract: This
purpose of this article is to provide a brief overview of the policy
considerations underlying the Organization for Economic Cooperation
and Development (OECD) workshop, Genetic Testing: Policy Issues
for the New Millennium, which was organized and hosted by the
governments of the United Kingdom (UK) and Austria in Vienna, 23-25
February 2000, with the support of the European Commission (EC).It
reviews the various topics presented at the meeting and offers a
brief summary of its main conclusions.
©2001
by The Journal of BioLaw & Business. All Rights Reserved.
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Biocolumn
Regulation
(4 pages)
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Regulation
Edward
C.Wilson, Jr.and Scott H.Reisch
More
Needlestick Prevention Technologies Are Likely to Emerge in Wake of
New Federal OSHA Rules
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Abstract: In
Volume 4, Number 1 of The Journal of BioLaw and Business, we
reported on the status of various federal and state legislative
initiatives designed to force hospitals and other health care
providers to implement needlestick reduction technologies at their
work sites. Since that article went to print, significant
developments have occurred at the federal level that will impact the
selection of engineering controls used to eliminate or minimize the
risk of occupational exposure to bloodborne pathogens. This article
discusses the Needlestick Safety and Prevention Act (NSPA)
that President Clinton signed into law last fall and the
Occupational Safety and Health Administrations (OSHA
) implementing regulations that were promulgated earlier this
year. Although employers are still afforded flexibility in selecting
appropriate engineering and work practice controls, the new
regulations require them to formally consider the use of certain
needlestick prevention technologies. Companies that market sharps
will need to understand the current requirements facing their
customers and to appreciate the impact that the new regulations are
likely to have on the market.
©2001 by The
Journal of BioLaw & Business. All Rights Reserved.
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Biocolumn
Alliances
(5 pages)
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Alliances
Clifton
A.Baile and Mary Anne Della-Fera
A Model
Partnership of Research Universities,Business Communities and State
Government -The Georgia Research Alliance
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Abstract: Founded
in 1990,the Georgia Research Alliance (GRA) represents a partnership
of the states research universities, the business community and
state government. Its mission is to foster economic development
within Georgia by developing and leveraging the research capabilities
of the research universities within the state and to assist and
develop scientific and technology-based industry, commerce and
business. The GRA s research initiative in biotechnology is
represented in part by the Applied Genetic Technology Resource
(AGTEC). AGTEC brings together diverse areas of expertise and
resources in plant and animal biotechnology and provides facilities
that stimulate the development and application of these technologies.
AGTEC has provided funds for buildings and equipment, endowed chairs
for Eminent Scholars, and Technology Development Partnerships between
biotechnology companies and university laboratories. Georgias
commitment to research and development in an environment of
cooperation among universities, businesses and government will help
to assure continued economic growth, providing jobs and opportunities
for Georgia s citizens and industries.
©2001 by The
Journal of BioLaw & Business. All Rights Reserved.
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Biocolumn
Intellectual Property
(4 pages)
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Intellectual
Property
Kawai
Lau
New
Legal Strategy for the Business of Biotechnology
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Abstract: In
an unparalleled move in late 1999,Congress enacted, and President
Clinton signed into law, major changes in US intellectual property
law that affect the business of biotechnology. In one aspect of the
changes, the business methods used by biotechnology companies, as
well as other business-related methods used by them, may now be the
subject matter of the First Inventor Defense Act of 1999.This
unprecedented "prior use " defense provides a new shield
against certain patent infringement suits, renewed vigor for trade
secrecy as a form of intellectual property protection, and a new
opportunity in patent infringement suits against competitors. These
new defensive and offensive legal options are expected to
significantly affect both the intellectual property (IP)and business
decisions of biotechnology companies. All such companies should
consider how best to incorporate these new legal opportunities as
part of their overall business strategy.
©2001
by The Journal of BioLaw & Business. All Rights Reserved.
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Biocolumn
Patents
(4 pages)
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Patents
Thomas
M.Saunders
Patent
Reach and Reality:Tolls on the Patent Highway
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Abstract: Outside
of genomics, only market exclusivity can justify the huge cost of
new drug regulatory approval. Market exclusivity is a relative term,
but the promise of sufficient market exclusivity is required to
first, raise capital and second, offset the huge cost of regulatory
approval. This article considers why marketing gene information based
inventions may not require patents, how to obtain patent based market
exclusivity without invention, and ways to squander proprietary protection.
©2001 by The
Journal of BioLaw & Business. All Rights Reserved.
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