America Invents Act Will Spur New Cures
The Pharmaceutical Industry Labor Management Association (PILMA) applauds the passage of the America Invents Act and encourages President Barack Obama to sign the bill into law.
In a demonstration that Republicans and Democrats can come together in the name of jobs, the Senate voted 89 to 9 on September 8th in favor of a historic overhaul of our nation’s patent system. For industries such as the life science sector, which supports over 9 million jobs in the U.S., innovation is the key to staying globally competitive. This bill will help protect American pharmaceutical patents, spurring research to discover additional life saving cures and putting union members to work.
The member companies and unions of PILMA see this as an important step in the broader effort to strengthen intellectual property protections. We are committed to working with our allies in Congress from both sides of the aisle to continue moving this agenda forward.