Technology Acquisition Proposal: Patented Mobile Charging Stand/ Holder
IIPRD and Khurana & Khurana (K&K), apart from handling core Intellectual Property (including Patent), and allied Legal matters (profile enclosed), additionally focus heavily on technology licensing and commercialization mandates, and accordingly are currently working with Tushar Ghogare on potential acquisition/ collaboration (sale/ marketing/ production) of their patent and design protected ‘Mobile Charging Stand’ Technology. This technology (both patents and designs) pertains to a portable […]
Advantages of Patent Valuation
Patents are the core asset generator for various industries. Industries and companies earn a lot through licensing and assigning patents. The license and assignment of patents are common practices in the market which makes the licensor earn millions of royalties. With the rapid technology development and increasing users around the world, the trends of licensing […]
IP Audit: What is it all about?
Intellectual Property (IP) has been gaining prominence around the world. The major impact that IP is making in the market is unfathomable. Probably with the large trend of IP awareness the companies are becoming more and more diligent in strictly making safeguarding their IP to the fullest. Effective and timely registration of IPs is now […]
Sisvel and Mitsubishi, and Xiaomi sign patent licensing deal to settle ongoing litigations
Recently, Sisvel and Mitsubishi jointly announced that the companies have entered into a patent license agreement covering the standard-essential patents (SEP) of Mitsubishi Electric and Sisvel in the field of mobile communication. This deal brings to an end the global dispute between the three companies, which has spanned the courts in China, Germany, Italy, the Netherlands, and […]
Premas Biotech and Oravax enter into licensing deal for commercialization of VLP injectable vaccine technology in India
Recently, Oravax Medical Inc., (“Oravax” has entered into a licensing agreement with Premas Biotech to make available for commercialization of Oravax’s virus-like particle (VLP) vaccine technology. Oravax is a joint venture between Oramed Pharmaceuticals Inc., a US-based company (the majority shareholder), and Gurugram, India-based life sciences company, Premas Biotech (“Premas”). While the terms of the […]
Premas Biotech and Oravax enter into licensing deal for commercialization of VLP injectable vaccine technology in India
Recently, Oravax Medical Inc., (“Oravax” has entered into a licensing agreement with Premas Biotech to make available for commercialization of Oravax’s virus-like particle (VLP) vaccine technology. Oravax is a joint venture between Oramed Pharmaceuticals Inc., a US-based company (the majority shareholder), and Gurugram, India-based life sciences company, Premas Biotech (“Premas”). While the terms of the license agreement […]
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 […]
Merck Enters into Licensing Deal with Five Indian Companies for Supply of Oral Covid-19 Drug
Recently, Merck, also known as MSD, has entered into licensing agreements with five Indian generics drug manufacturers to manufacture and supply oral Covid-19 drug Molnupiravir. MSD India is a wholly-owned subsidiary of Merck Sharp & Dohme (MSD) and is known as Merck & Co., Inc, in the United States and Canada. Under the agreements, Merck will provide […]
Concept Of Compulsory Licensing Under The Patents Act
An inventor is allotted with the patent right in exchange for disclosing its invention. Apart from the inventor of that patent, the public is being benefited most. Therefore it must be taken into consideration that the invention is made surely available to the public. But there seems to a danger of misuse of such monopolistic […]
Recent Noteworthy Music Licensing Deals
A music license is required when a copyright owner of music (viz. composer, songwriter, etc.) intends to grant permission to a party to exploit the music. While such music license can cover different aspects of the rights on the music to be licensed separately (viz. public performance, public broadcast, sale/ distribution of music through various […]