What are the intellectual property implications in this scenario? Six months ago, Acme, Inc. received a patent
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What are the intellectual property implications in this scenario?
Six months ago, Acme, Inc. received a patent on a drug that will provide immortality to all.Acme's president has publicly stated he has no plans to market the drug.Beta, Inc. copies the drug and releases it on the market. Beta makes no profit on the sale of this drug and only charges enough to cover its costs in manufacturing.
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