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Democrats push for second hearing on patent overhaul as universities, biotech still raise concerns

By Leah Nylen ( December 17, 2013, 20:38 GMT | Insight) -- A senior Democratic senator pledged to seek amendments to legislation aimed at reducing abusive patent litigation in order to ensure the US Patent and Trademark Office gets to keep all the money it raises through fees. Dianne Feinstein, who represents the state of California, and with it Silicon Valley, also called on the Senate Judiciary Committee to hold another hearing on the proposed bill so that universities can weigh in on its potential impact, and several other senators expressed concerns about potential collateral consequences of the legislation on university research, venture capital funding and the biotechnology sector.A senior Democratic senator pledged on Tuesday to seek amendments to Senate legislation aimed at reducing abusive patent litigation in order to ensure the US Patent and Trademark Office gets to keep all the money it raises through fees. ...

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