Amends Federal patent law to declare a five-year moratorium on the granting of patents on genetically altered animals.
Official title: A bill to amend title 35, United States Code, to impose a 5-year moratorium on the granting of patents on genetically altered or modified animals in order to establish a federal regulatory and review process to deal with the economic, environmental, and ethical issues raised by the patenting of such animals.
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Amends Federal patent law to declare a five-year moratorium on the granting of patents on genetically altered animals. Exempts from such moratorium animals whose commercialization is subject to a Federal regulatory process which imposes environmental, health and safety, and biomedical ethical standards.
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