The Bayh-Dole Act: Spurring American Biopharmaceutical Innovation

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Congress passed the Bayh-Dole Act in 1980 with strong bipartisan support, creating a framework where researchers receiving federal funds could patent their inventions and license them to private companies so they could continue to research and develop them into products that benefit the public. This landmark legislation ensures that innovative ideas are protected and brought to market. It has contributed nearly $2 trillion to the U.S. economy and supported 6.5 million jobs.

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