User: Genecampaign Topic: IP
Category: patents :: everywhere
Last updated: May 28 2016 06:00 IST RSS 2.0
 
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Intangible MNC assets may be taxed in case of a global merger and acquisition 28.5.2016 ET: Policy
This comes in the wake of the Central Board of Direct Taxes (CBDT) announcing rules for determining fair market value in case of indirect transfer of shares of an Indian entity.
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Jubilant Life signs $180 mn outlicensing deal with Checkpoint 27.5.2016 ET: Pharma
"The pact includes an upfront payment of $2 mn and contingent pre-clinical, clinical and regulatory payments including commercials up to $180 mn," JLS added.
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Google wins six-year legal battle with Oracle over Android code copyright 27.5.2016 The Guardian -- Front Page

Developers expected to welcome ruling that finds Google’s employment of Java code in its Android operating system was fair use

Google has won a six-year court case brought by software firm Oracle, which claimed Google had infringed its copyright by using 11,500 lines of Java code in its Android operating system.

The jury ruled that Google’s use of 37 Java APIs (application programming interfaces) was fair use. The news will be welcomed by developers, who typically rely on free access to APIs to develop third-party services.

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Strides Shasun gets US health regulator tentative nod for HIV treatment drug 26.5.2016 ET: Pharma
The company has received tentative approval from USFDA for Efavirenz tablets USP, 600 mg, Strides Shasun said in a regulatory filing.
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Delhi High Court asks Roche to explain lawsuit over Avastin copy 24.5.2016 ET: Pharma
Roche, which invented the drug and markets it under the blockbuster brand ‘Avastin’, has argued that Hetero’s drug is not a biosimilar to bevacizumab.
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Sterlite Technologies demerges power business, eyes pure-play telecom tag 24.5.2016 ET: Power
The merger of Elitecore into Sterlite Tech will allow for seamless integration of two companies leading to stronger customer offerings as one telecom entity.
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Suven Life gets patents for neuro-degenerative drug 23.5.2016 ET: Pharma
With these new patents, Suven has a total of 24 granted patents from Australia, 17 from Eurasia and 9 from Israel and 24 from the US.
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Suven Life Sciences gets patents for neuro-degenerative drug; shares up 23.5.2016 DNA: Urban Tales
Drug firm Suven Life Sciences has been granted a patent each by Australia, Eurasia, Israel and the US for a drug used in treatment of neuro-degenerative diseases. In a regulatory filing, Suven Life said it has "secured product patents in Australia, Eurasia, Israel and the US to their New Chemical Entities (NCEs) for CNS therapy through mechanism of action". The patents are valid up to 2032, the company added. The granted claims of the patent include the class of selective H3 ligands discovered by Suven and are being developed as therapeutic agents and are useful in the treatment of cognitive impairment associated with neuro-degenerative disorders, Suven Life said. Suven Life CEO Venkat Jasti said: "We are very pleased by the grant of these patents to Suven for our pipeline of molecules in the CNS arena, which are being developed for cognitive disorders with high unmet medical need with a huge market potential globally." With these new patents, Suven has a total of 24 granted patents from Australia, 17 ...
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Government reviewing Startup Action Plan’s progress 23.5.2016 ET: Policy
The DIPP recently launched the startup hub along with the startup portal and mobile app to provide a single-point contact for the entire startup ecosystem.
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Oil company records from 1960s reveal patents to reduce CO2 emissions in cars 20.5.2016 The Guardian -- Front Page

ExxonMobil and others pursued research into technologies, yet blocked government efforts to fight climate change for more than 50 years, findings show

The forerunners of ExxonMobil patented technologies for electric cars and low emissions vehicles as early as 1963 – even as the oil industry lobby tried to squash government funding for such research, according to a trove of newly discovered records.

Patent records reveal oil companies actively pursued research into technologies to cut carbon dioxide emissions that cause climate change from the 1960s – including early versions of the batteries now deployed to power electric cars such as the Tesla.

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Press Release from Business Wire : Crystalplex Corp. 20.5.2016 TOI: Intl Business
PITTSBURGH, (BSW) -Crystalplex Corp., a pioneer in the development of high stability quantum dots, has announced a new development enabling increased brightness and color stability for LCD displays using cadmium-freeSapphire™ quantum dots.
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Google patents 'sticky' layer to protect pedestrians in self-driving car accidents 19.5.2016 The Guardian -- Front Page

Adhesive technology on the front of a vehicle would aim to reduce the damage caused when a pedestrian hit by a car is flung into other vehicles or objects

Google has patented a new “sticky” technology to protect pedestrians if – or when – they get struck by the company’s self-driving cars.

The patent, which was granted on 17 May, is for a sticky adhesive layer on the front end of a vehicle, which would aim to reduce the damage caused when a pedestrian hit by a car is flung into other vehicles or scenery.

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Microsoft sells Nokia branding rights to HMD Global, Foxconn for $350 million 18.5.2016 DNA: Urban Tales
US technology major Microsoft, the owner of Nokia's mobile device business, has agreed to sell the latter's branding rights to Finnish firm HMD Global and contract manufacturer Foxconn for $350 million. "To complete its portfolio of Nokia branding rights, HMD announced today that it has conditionally agreed to acquire from Microsoft the rights to use the Nokia brand on feature phones and certain related design rights. The Microsoft transaction is expected to close in H2 of 2016," Nokia said in a statement. In a separate agreement, Nokia Technologies will grant HMD Global Oy (HMD), a newly-founded company based in Finland, the exclusive global licence to create Nokia-branded mobile phones and tablets for the next 10 years. Under the pact, Nokia Technologies will receive royalty payments from HMD for sales of Nokia-branded mobile products, covering both the brand and the intellectual property rights. Microsoft also said it has signed a pact to sell the company's entry-level feature phone assets to FIH ...
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India's new IPR policy will foster innovation: US official 18.5.2016 ET: Policy
The remarks assume significance as the US continues to put India on its priority watch list for IPR through its Special 301 report which was released last month.
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Govt opens Tatkal window for faster patents to startups 18.5.2016 TOI: India Business
In a bid to encourage startups to patent their technologies, the government has slashed the fee by up to 80% and opened a special (Tatkal) window to expedite clearances for them as well as entities that route their global patent applications via the Indian Patents Office.
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US STOCKS-Wall St sells off as rate hike expectations rise 18.5.2016 Sify Finance
* April consumer prices record biggest gain in over 3 years
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US STOCKS-Wall St sells off amid Fed rate hike jitters 18.5.2016 Sify Finance
* April consumer prices record biggest gain in over 3 years
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Press Release from Business Wire : EnvisionTEC 17.5.2016 TOI: Intl Business
DEARBORN, (BSW) -EnvisionTEC, a leading global manufacturer of professional grade 3D printing solutions, announced today the launch of the SLCOM™ 1 industrial composite 3D printer.
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Pharma exports growth heading for a sharp decline: Crisil 17.5.2016 ET: Pharma
The annual sales growth of generic drugs in the US, the largest generics market, is seen slowing to 8-9 per cent over the next five years, and decelerate even more after that.
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Pharma exports growth heading for a sharp decline, Crisil says 17.5.2016 TOI: India Business
ith the value of drugs going off-patent declining amid an increase in pricing pressures, exports growth in pharmaceutical formulations (in US dollar terms) would decline sharply to 10%-12% annually over the next five years, compared with a growth of about 19% achieved in the last decade, ratings agency Crisil has said.
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