The U.S. Supreme Court opens its new term this week with a challenge that could have profound business implications for patent holders and those who pay them for licenses to use the patents in developing their own products.

The justices this term continue their heightened interest in the development of patent law by agreeing thus far to decide two patent challenges: MedImmune v. Genentech, No. 05-608, and KSR International v. Teleflex, No. 04-1350.

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