The Supreme Court ruled today that isolated human genes cannot be patented, a partial defeat for Myriad Genetics, a company that had been awarded patents on the so-called BRCA1 and BRCA2 genes in the 1990s.
Steve Klos's insight:
Genes = naturally occuring substances
Patents = inventions
The court seemed to get the right balance on this one...
Knowing how a few companies work (thinking of smaller orgs who don't actually understand how business should work), if the patent would have been allowed, they would charge individuals a yearly licensing fee to walk around with the genes as part of their genetic makeup.
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