US Patent Office Plan To Expand Settlement Disclosure Requirements Welcomed By FTC

 
• By Cathy Kelly
  
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US Federal Trade Commission says the policy would enhance its ability to detect reverse payment settlements between pharmaceutical companies that raise antitrust concerns.

Efforts are Ongoing To Improve PTAB Processes. • Source: Shutterstock

The US Federal Trade Commission praised a proposal to close a patent settlement disclosure loophole from the Patent and Trademark Office, arguing it will ensure more of the agreements are reported.

Key Takeaways

  • The Federal Trade Commission supports a US Patent and Trademark Office proposal that would require patent settlement agreements be disclosed even if they are reached before a Patent Trial and Appeal Board proceeding.

The policy is part of a broader proposed rule on modifications to the rules of practice for inter partes...

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