US patent reforms could see a rise of trade secrets in biotech?

http://www.tmcnet.com/usubmit/2008/06/20/3509949.htm
This item talks about how recent court rulings, reform at the USPTO, and how WHO/WTO activities could be weakening the patent system thus leading to more innovation being locked into trade secrets.  This view can be backed up by looking at the filing statistics at USPTO – given the continued innovation in biotech industry the question asked in the article by Michael Gollin (partner at Venable LLP) is “where is innovation going if not into patents?”  The article raises a great deal of interesting points as to what the consequences might be of this trend.

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