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NIST Releases for Public Comment Draft Guidance on March In Rights

☷NIST Releases for Public Comment Draft Guidance on March In Rights

National Institute of Standards and Technology
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   NIST recently released a draft guidance for public feedback on when federal agencies should consider requiring licensing of patents developed with government funding . The guidance aims to help agencies make decisions on march - in rights , including factors like pricing . The Bayh - Dole Act allows recipients of federal research funding to retain rights to inventions , but federal agencies can step in under specific circumstances . The government is seeking input on this draft guidance to clarify march - in rights and strike a balance between innovation and serving the public . Hey , we want your thoughts on how march - in authorities can affect drug prices and promote fair access to prescription drugs . Your feedback will help us create a plan to make healthcare more affordable for everyone . The draft framework suggests that funding agencies should consider the impact of march - in rights on research and development . There are three main questions agencies should consider before deciding to exercise march - in rights . We ' ve provided some hypothetical scenarios to show how the framework could be applied . The goal is to make the decision - making process more consistent and transparent . We ' re looking for comments until Feb . 6 , 2024 , and we ' ll review all feedback before finalizing the guidance . Join us for a webinar on Dec . 13 , 2023 , to learn more about the framework and what kind of feedback we ' re looking for . NIST has the authority to issue regulations under the Bayh - Dole Act and plays a key role in technology transfer across federal agencies . Contact Jennifer Huergo at jennifer . huergo@nist . gov for more information .

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NIST Releases for Public Comment Draft Guidance on March In Rights

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Tags:
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circumstances . prescription . hypothetical . authorities . development . transparent . regulations . information . government . recipients .
https://thepressreleaseengine.com/NIST+Releases+for+Public+Comment+Draft+Guidance+on+March+In+Rights-id2023-210333-522736
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