After Intense Patent Litigation Bio-Rad and 10x Genomics Settle through Cross Licensing
Recently, in an announcement made by Pleasanton, California based 10x Genomics, Inc. (“10x”) with US Stock exchanges and SEC (Securities and Exchange Commission), the company informed that it has entered into a global settlement and cross-license agreement with Hercules, California, based Bio-Rad Laboratories, Inc (“Bio-Rad”). The agreement to cross-license single-cell technologies aims to resolve all […]
Mercedes-Benz Acquires Electric Motor Technology Company YASA
German automaker Mercedes-Benz (Mercedes) recently announced the acquisition of Oxford, United Kingdom-based company YASA. YASA is a pioneer in next-generation electric drive technology. This technology-centric acquisition would also go well with the recent decision taken by Mercedes to go all-electric by 2022 and have battery electric vehicles in all segments the company operates. Under the […]
Sun Pharma and Celegene Settle Patent Dispute over Lenalidomide (Revlimid®)
Settling an over three old patent infringement dispute, Indian pharmaceutical major, Sun Pharmaceuticals and its subsidiary, including US subsidiary (“Sun”), has reached a settlement with Celgene Corporation (“Celgene”), a subsidiary of pharmaceutical major Bristol Myers Squibb (BMS), to resolve and settle the patent litigation regarding submission of an Abbreviated New Drug Application (ANDA) for a […]
Bajaj Healthcare Files Compulsory License with Indian Patent Office for Baricitinib
Recently, drug manufacturer, Bajaj Healthcare Limited issued a press release stating that they have filed a compulsory license application with the Indian Patent Office seeking permission to manufacture both active pharmaceutical ingredients (raw materials) and formulation of Baricitinib under the Indian Patents Act. Baricitinib is essentially a drug approved in the US and European Union, for the […]
Emoji and World of Intellectual Property
We live in a Gen-Z world, where conversations begin, emotions are expressed with emoji! With the rapid shift from a non-technological world to a world of techno-freaks, the importance of emoji has grown immensely and now, they form a part of the way of expression of human interaction. Now, we may use an emoji in a […]
National Music Publishers’ Association (NMPA) sues Roblox for Copyright Infringement
Recently, the National Music Publishers’ Association (NMPA) of the USA representing a group of indie and major music publishers sued popular gaming platform Roblox for copyright infringement. NMPA has altogether claimed USD 200 million in damages. NMPA’s lawsuit was filed on behalf of publisher plaintiffs including ABKCO Music & Records, Big Machine Records, Concord Music Group […]
Beijing Treaty: A Silver Lining to Audiovisual Performers
Introduction The Audiovisual industry is a sunrise sector for the economy and making significant strides. It is a multi-billionaire industry having the compelling power to jump-start the underdeveloped economy. Nashville was once a struggling city of the USA, where just like Sub-Saharan Africa policymakers find the silver lining to revamp its economy through industrial development […]
Elli Lilly Enters into Licensing Deals with Indian Companies
Recently, Elli Lilly, a US-based major Pharmaceutical company, has entered into licensing agreements with a number of Indian drug manufacturers for the manufacture of and supply of Baricitinib in India which is showing promise as a drug for the treatment of Covid-19. The licensing agreement with Eli Lilly is voluntary, royalty-free, and non-exclusive in nature for the […]
Indian Cryptocurrency Saga: Regulation and IP Protection
Introduction Cryptocurrency is a comparatively new word to the average Indian citizen despite the digital currency and the technology behind it i.e. blockchain being around for more than a decade with the establishment of the Bitcoin in 2008 as the first major cryptocurrency in the world.[i] Since then multitudes of different crypto currencies coming into existence, […]
IPR and the World of Fashion
Right from the lanes of Delhi’s Sarojini Nagar, to the high-end fashion brands like Manish Malhotra and Sabyasachi, the people of the country have dynamic tastes and never-ending interests! India, which is considered the hub of fashion, is pegged at around US$ 120 billion, and in order to protect this industry from the problem of […]