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MPEG LA Announces Formation of Gene Patent Pool

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

By Donald Zuhn -- In a press release issued earlier this month, MPEG LA, LLC announced that it was launching an initiative to enhance the availability of gene patents for diagnostic testing. MPEG LA, which describes itself as the world's leading packager of patent pools for standards and other technology platforms, would accomplish this objective by creating a new gene patent pool. Currently, MPEG LA has formed patent pools for MPEG-2, ATSC, AVC/H.264, VC-1, MPEG-4 Visual, MPEG-2 Systems, 1394, and MPEG-4 Systems, so the company would be venturing outside of consumer electronics-related pools for the first time in creating the...

Full post as published by Patent Docs on April 22, 2010 (boomark / email).