FTC Proposes Amendments to the Premerger Notification Rules Related to the Transfer of Exclusive Patent Rights in the Pharmaceutical Industry
On August 13, 2012, the Federal Trade Commission published a notice of proposed rulemaking, setting forth proposed amendments to the Hart-Scott-Rodino Premerger Notification Rules aimed at clarifying – and effectively expanding – the scope of transactions involving the transfer of rights to a patent in the pharmaceutical, biologics, and medicine manufacturing industries that may be subject to the notification and waiting period requirements of the HSR Act.
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