|
The founders of our country recognized the importance of protecting the incentive of citizens and business to make new scientific advances and create works of art. As a result they wrote into the U.S. Constitution that “Congress shall have power . . . To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries.”
It is because of patent protection that investors are willing to provide start-up and investment capital for innovative ideas and lawfully obtained intellectual property that U.S. patent laws expressly permit. As the pioneering company in the field, VNUS holds broad patents that have been issued by the U.S. patent office over all of the art cited by AngioDynamics, Vascular Solutions, and Diomed in patent litigation. This means that after careful review, the U.S. patent office has determined that the VNUS patents are not obvious and are not anticipated by the past work of others. In short, VNUS is merely doing what other medical technology companies do: lawfully exercising its rights. If the complaint is about the patent system, there are opportunities to change the law. However it is worthwhile to note that the U.S. produces a large amount of the world’s innovative medical products, and this is in part due to the protections for inventors that are in place in the U.S. |