Biotech CEO: Bayh-Dole 'fix' won't lower drug prices

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Media Conglomerate: Advance Publications

Biotech CEO: Bayh-Dole 'fix' won't lower drug prices

In 1980 Congressional leaders passed a law that is likely considered one of the most transformative pieces of legislation in our country’s history. Called the Bayh-Dole Act, the law has impacted virtually every sector of the U.S. economy, establishing the U.S. as the world leader when it comes to innovation. The bipartisan Bayh-Dole Act gives the right of institutions such as universities, nonprofit research centers, and small businesses to own …