Will $17 million get you a custom-made amendment in the United States Congress? Sens. Jeff Sessions, R-Ala., and Tom Coburn, R-Okla., seem to think so.
The pair are seeking to strip a provision from the patent reform bill that they say amounts to a bailout for one law firm and its drug company client. WilmerHale, acting on behalf of The Medicines Company missed a key patent filing deadline, potentially costing both companies millions.
Since 2005, Medicines Company has spent $17 million on lobbying and current patent legislation includes language potentially saving the companies millions of dollar.
And Sessions and Coburn aren't alone in seeing the sweeping patent legislation as a gift wrapped for special interests.
Sen. Maria Cantwell, D-Wash., proposed an amendment to remove a provision she says would help banks infringe on patents.
Both amendments are up for a vote Thursday afternoon, before the Senate votes on the full bill.
For more on the patent reform debate, visit our new Tech page.
Don't Miss Today's Top Stories
Chock full of usable information on today's issues."
Michael, Executive Director
Concise coverage of everything I wish I had hours to read about."
Chuck, Graduate Student
The day's action in one quick read."
Stacy, Director of Communications
Great way to keep up with Washington"
Ray, Professor of Economics