WASHINGTON,
April 30,
2024 /PRNewswire/ -- Today, the Bayh-Dole
Coalition launched a major new advocacy campaign to save the
bipartisan Bayh-Dole Act, which could soon be gutted by a misguided
regulatory proposal.
The effort, dubbed #SaveBayhDole, couples
testimonials from leaders at preeminent research institutions –
including Yale, Dartmouth, Duke, and
Johns Hopkins – with a powerful online
platform for voters to make their voices heard.
In December, the Biden administration suggested
that federal agencies could invoke the Bayh-Dole Act's "march-in"
provision to impose de facto price controls on commercially
available products. The proposed changes would jeopardize
cutting-edge research and prevent the creation of life-changing
technologies.
The campaign will educate Americans on the
dangers of the proposal and help them mobilize against it. Sixteen
of the nation's leading technology transfer officials explain how
the proposal will undermine scientists and engineers at
universities nationwide -- and deter startups from licensing those
schools' early-stage research discoveries and working to turn them
into real-world products.
"Over the past 43 years, the Bayh-Dole Act has
supported more than 6 million jobs and contributed nearly
$2 trillion to America's economy. It
has facilitated the discovery and commercialization of thousands of
inventions, from technologies in our phones and televisions to
therapies for HIV and cancer," said Joseph
P. Allen, executive director of the Bayh-Dole Coalition. "By
twisting the language of the Bayh-Dole Act, the proposed framework
threatens the very foundations of our country's innovation
system."
The SaveBayhDole.org site also makes it easy for
concerned citizens to contact their congressional representatives
and urge them to oppose the framework.
"Polling shows that an overwhelming majority of
Americans support the Bayh-Dole Act and oppose attempts to
undermine it," said Allen. "We're excited to leverage that support
and mobilize a nationwide community of advocates to protect this
cornerstone of American innovation."
About the Bayh-Dole Coalition: The
Bayh-Dole Coalition is a diverse group of innovation-oriented
organizations and individuals committed to celebrating and
protecting the Bayh-Dole Act, as well as informing policymakers and
the public of its many benefits.
MEDIA CONTACT
Jack Dunn
376938@email4pr.com
(202)-970-9743 ext. 125
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SOURCE Bayh-Dole Coalition