Avid Bioservices Inc (CDMO)

[curlew]

Geocappy's scenario that BP bought PS targeting with plans to "shelve it and forget it" looks like it is a well-established business strategy. The article below is quickly found on Google Scholar.


“The past century is rife with examples of powerful companies making
strategic decisions that, for decades, deprived society of key advancements
in technology. Technology suppression and patent nonuse occur not only
through strategic decisions made by original patent holders, but also by
companies, threatened by new patented technologies, that wish to block
their entry into the marketplace by acquiring the patent rights through
licensing.”

The passage above appears on page 458 of

S. Tyler, Neil. (2014). Patent nonuse and technology suppression: The use of compulsory licensing to promote progress. University of Pennsylvania Law Review. 162. 451-475.