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Another view: New NIST framework threatens Texas' innovation excellence

Posted on AllSides April 21st, 2024
From The Left

Everything is bigger in Texas, including life science innovation. The Lone Star State is responsible for one in five clinical studies throughout the country – and spends $6.6 billion on research and development annually. But while Texas' innovation ecosystem is currently thriving, a new guidance proposal being considered by the National Institute of Standards and Technology (NIST) would destroy patent protection for all federally funded research discoveries whenever Washington officials believe the resulting product is too expensive. If adopted, this framework would gut investor confidence in licensing such patents for...

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