Ch. 261The Outrageously Low Patent Fee
After Sanqing Group settled its patent lawsuit with the Broad Institute, the 25% licensing rate triggered industry alarm and public outrage. Wei Kang learned that the Thalassemia Gene Drug had received expedited domestic approval, and he resolved to lead Sanqing against its opponents.
- After Sanqing Group and the Broad Institute settled out of court, Zheng Feng reassured other biotech companies that they would not face Sanqing’s 25% licensing rate.
- Chinese netizens condemned the Broad Institute and Zheng Feng online, debated the patent dispute’s impact, and called for domestic gene-editing tools.
- Wei Kang received word that the Thalassemia Gene Drug had passed review and could launch domestically the next day.
- Wei Kang suspected the Broad Institute’s actions were part of pressure connected to Super Soybean and resolved to make Sanqing strong enough to deter future attacks.