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…
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…
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…
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…
Yahoo-owned image hosting website, Flickr, has issued an apology for using prints of images licensed under Creative Commons (CC) in its recently launched Wall Art paint service. The month-old service allowed people to purchase canvas or wood prints for images that were featured in Flicker’s CC gallery.
Yahoo had initially planned to retain all the earnings from the sales of CC images, while giving a 52% cut to the photographers of images not covered by CC. The wall art paint service…
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,…
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…
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…
University Of North Carolina (UNC)’s investment into new technology businesses paid off, last year, with its Office of Innovation Commercialization recording an exceptional growth in licensing revenue. UNC recorded US$ 7.9M from technology licenses - a whopping 160% increase in revenues from commercialization of innovation since its inception in 2009.
UNC received a major boost in revenue from two of its biotechnology start-ups - Epizyme Inc. and Sarepta Therapeutics Inc., that started yielding results in 2013. UNC receives a lump sum when…
Date: 1-3 July 2015
Venue: London, UK
Agenda: To address the critical issues affecting us as a whole, including how to maximize profits, efficiency and protection whilst ultimately fostering a smootherIP litigation and…