The great patents debate is not confined to the pharmaceuticals and biotech sectors. Press coverage may tend to focus on drugs and genetic patenting, but European financial institutions are ignoring this issue at their peril. Put simply, there is a substantial discrepancy between the way patents are viewed, and granted, in the US and their perceived importance in Europe. In the US, a patents culture has grown up, principally on the back of liberal legislation and pro-patent court rulings.
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