April 30, 2008 - Since February 2007, Coalition for Patent Fairness has spent $2.5 million for lobbyists; Coalition for 21st Century Patent Reform (about 50 companies, including pharmaceutical and biotech companies) that guard their intellectual property, likely to sue to protect their patents) has paid $1.8 million to lobbyists to influence legislation which calls for the biggest changes in United States patent law in more than 50 years. Major impetus for the patent legislation is the desire of technology companies to limit the damage awards and legal costs they sometimes face when they are accused of infringing patents.
2007 - Number of patent applications (467,243) has nearly doubled in last 10 years, more than tripled since 1987.
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