PATENTS - Reform update

From The Hill.

“I have said all along that we needed broad bipartisan support to get a bill through the Senate,” Leahy said in a statement.

“Regrettably, competing companies on both sides of this issue refused to come to agreement on how to achieve that goal.”

One person familiar with the negotiations said Senate Majority Leader Harry Reid (D-Nev.) told Leahy he would not bring the legislation to the floor due to objections from the pharmaceutical industry and trial lawyers.

“We’re trying to protect people from patent trolls,” Leahy said off the Senate floor on Tuesday, but “too many special interests don’t want to.”