Intellectual Property Archives

Dr. Kalyan Quoted in the Indian Express

BananaIP’s Managing Parter, Dr. Kalyan, was recently interviewed by the Indian Express for an article titled “More Spends on Patents Needed” which looked at the low number of patents being filed by Indian companies in India as compared to MNCs or NRIs. Dr. Kalyan observed that “MNCs see patents as an investment and not expenditure. Most Indian companies are not IP-savvy and those who file patents do not know how to leverage them for business development,”. Date : 11/01/2015 [button link="http://www.newindianexpress.com/business/news/More-Spends-on-Patents-Needed/2015/01/11/article2613526.ece" newwindow="yes"]…

January 11, 2015 BananaIP Reporter Intellectual Property 0Comment 655Views 0Like

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BananaIP Chosen as Strategic IP Partner for IIT Mumbai’s International Business Plan Competition

BananaIP has been selected as the strategic IP partner for “Eureka”, the prestigious international business plan competition conducted by IIT Bombay. BananaIP will be responsible for providing IP and related consultancy to the finalists of Eureka. The winners of the event will be declared and awarded prizes during E-Summit 2015, to be held at IIT Mumbai. Date : 11/01/2015 [button link="http://www.newindianexpress.com/business/news/More-Spends-on-Patents-Needed/2015/01/11/article2613526.ece" newwindow="yes"] Read more[/button]

January 11, 2015 BananaIP Reporter Intellectual Property 0Comment 612Views 0Like

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RPX acquires patents owned by Apple’s Rockstar Consortium for US$ 900M

American patent risk management company, RPX Corp., entered into an agreement to acquire around 4,000 patents owned by Rockstar, a consortium led by Apple Inc. and other firms for US$ 900M. Rockstar was created as a patent holding entity in 2011 by technology bigwigs like Apple, Microsoft, Blackberry, Sony and Ericsson, with the intent of purchasing the 6,000 patents from the Nortel Network Corp., for US$ 4.5B, following its bankruptcy. About 2,000 of the most valuable patents have already been distributed…

January 9, 2015 BananaIP Reporter Intellectual Property, IP Commercialization/Licensing, Patents 0Comment 865Views 0Like

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This image depicts Tablets of different colors. This image is relevant as there is a Patent Infringement dispute between Aurobindo Pharma and Astrazeneca. Click on the image for more information.

Astrazeneca to retain Sweetness of Onglyza

Aurobindo Pharma, USA, has been dragged to the Court for patent infringement by Astrazeneca. The suit filed is against the ANDA (Abbreviated New Drug Application) filed by Aurobindo Pharma with the USFDA with regard to seeking the market approval for Saxagliptin hydrochloride tablets before the expiry of its US patent. Aurobindo Pharma plans to market the generic versions of Saxagliptin hydrochloride tablets of 2.5 mg and 5 mg strengths. Astrazeneca is the sole marketer of Saxagliptin hydrochloride tablets having got…

January 8, 2015 BananaIP Reporter Intellectual Property, Patents 0Comment 730Views 0Like

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LSU helps faculty Transfer Innovation into the market

In January this year, Louisiana State University (LSU), established LSU LIFT (Leveraging Innovation for Technology Transfer) Fund, which offers bi-annual funding to LSU faculty members on a competitive basis, to effectively transfer innovation out of the lab and into the market. The board also agreed to continually support the LSU LIFT Fund by assigning 5% of the university’s future IP licensing income to the new fund. In Round 1 of funding, the program attracted 47 applications out of which…

January 8, 2015 BananaIP Reporter Intellectual Property 0Comment 618Views 0Like

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Spanish Publishers Suffer as Google News Closes Operations

Last week, Google closed its operations in Spain, in response to the new Copyright Law which has made it mandatory for Google, Yahoo and other news aggregators to pay licensing fee to all news publishers for using their stories or snippets in Google News. The regulation, expected to come into effect in 2015, will deal with websites that share pirated content. As per the law, Spanish Government will have the authority to penalize websites up to US$ 750,000 for directing links…

January 7, 2015 BananaIP Reporter Intellectual Property, IP Commercialization/Licensing 0Comment 682Views 0Like

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Development of Copyright Law in the UK

Following recommendations given in an independent report by Professor Ian Hargreaves in 2011, the UK Government had come up with several changes in the Copyright Law, covering aspects of fair dealing for accessible formats for the disabled, research and education, public administration, parody and personal copies for private use. Of these, regulations allowing personal copies of legally-bought music to be made for private use under exceptions to copyright are facing strong resistance from the UK music industry. Having come into force…

January 7, 2015 BananaIP Reporter Copyrights, Intellectual Property, Media and Entertainment Law 0Comment 775Views 0Like

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Are LinkedIn Connections Trade Secrets?

This question came up in an Employer-Employee trade secret dispute before a California Court. David Oakes was working in a sales position with a company called Cellular Accessories under an Employment Agreement with a clause to safeguard the company's trade secrets. As a part of his employment with Cellular Accessories, David established more than nine hundred contacts on LinkedIn and maintained the list on his computer. The list was updated whenever a new contact was made. On leaving the company,…

January 7, 2015 BananaIP Reporter Intellectual Property, Trade Secrets 0Comment 886Views 0Like

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This image depicts a Court Gavel. This image is relevant as the article deals with the decision delivered by Delhi High Court regarding Royalties to singers. Click on this Image for more Information.

Royalties for Singers – Delhi High Court passes a favorable order

For all of us waiting to hear of development in the Copyright (Amendment) Act, 2012, yes, we have some news for you. It is not for Lyricists, or for Music Composers, but for Singers this time! The Indian Singers Rights Association (ISRA) has obtained a favourable order against one of the Delhi based clubs, Night Fever Club & Lounge, that has been playing songs and not paying Singers their due. The ISRA filed a suit against this lounge before the Delhi High Court…

January 7, 2015 BananaIP Reporter Copyrights, Intellectual Property, IP Commercialization/Licensing, Media and Entertainment Law 0Comment 999Views 0Like

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Patent licensing agreement for Google and Verizon

Google has now entered into a patent cross selling agreement with Verizon after cutting similar deals with Cisco, Samsung and LG, in its pursuit to attain cutting-edge technology and fend off lawsuits. The contract will not give Google and Verizon access to each other’s patents, but will forbid them from filing lawsuits against each other over patent infringements of their existing patents as well as patents obtained by them over the next five years. The agreement will cover a wide…

January 5, 2015 BananaIP Reporter Intellectual Property, Patents 0Comment 882Views 0Like

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Celebrating 20 Years of IP Excellence

Dr. Kalyan Quoted in the Indian Express

BananaIP Chosen as Strategic IP Partner for IIT Mumbai’s International Business Plan Competition

RPX acquires patents owned by Apple’s Rockstar Consortium for US$ 900M

Astrazeneca to retain Sweetness of Onglyza

LSU helps faculty Transfer Innovation into the market

Spanish Publishers Suffer as Google News Closes Operations

Development of Copyright Law in the UK

Are LinkedIn Connections Trade Secrets?

Royalties for Singers – Delhi High Court passes a favorable order

Patent licensing agreement for Google and Verizon

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