Current patent bills and the marketplace

Promote the Progress Blog has a post today on "two bills were introduced that relate to the patent system and its effects on the prices charged for products," namely H.R. 5036 which seeks to extend the term of US RE 38,014 (MagLite flashlight) and H.R. 5155 which seeks to "increase public-sponsored research so that privately-developed drugs would have to compete more with drugs developed with public money." See the PTP post for the complete scoop on these two bills.