FTC finalizes rule extending reporting requirements for pharmaceutical patent transfers

FTC finalizes rule extending reporting requirements for pharmaceutical patent transfers

On 6 November 2013 the Federal Trade Commission (FTC) announced final changes to certain Hart-Scott-Rodino (HSR) rules regarding acquisitions of exclusive patent rights in the pharmaceutical industry. The revised rules, which apply only to transfers of pharmaceutical patent rights, will increase the number of licensing arrangements in the pharmaceutical industry that will be subject to the HSR Act’s pre-closing filing and waiting period requirements. Read more here.

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