intellectual property News

Bell and Clements Launches Intellectual Property Insurance for Law Firms

Bell and Clements Inc., part of Munich Re Specialty Insurance (MRSI), is launching an Intellectual Property Legal Professional Liability (IPLPL) product specifically designed for law firms of all sizes with 65% or more of their revenue derived from the practice …

If Covid-19 Vaccine Patents Are Waived, Legal Options For Drug Firms Are Limited

A potential World Trade Organization waiver of patent and trade secret protections for Covid-19 vaccines would leave pharmaceutical companies with limited legal avenues to recover costs. The U.S. on Wednesday expressed support for a temporary waiver, sending shares in several …

EU Summit to Discuss Vaccine Patent Waiver Proposed by U.S.

BRUSSELS – European Union leaders said Thursday that in the wake of the U.S. backing patent waivers for COVID-19 vaccine technology, the 27-nation bloc immediately will start discussing whether they should join such a move. The leaders’ first opportunity to …

German Vaccine Maker Says Waivers for Vaccines Not Right Approach

The granting of intellectual property waivers is not the right way to increase output of COVID-19 vaccines, the founder of German vaccine maker BioNTech said on Wednesday, advocating instead the award of production licenses. Such waivers are among the options …

Biden Administration Considering Intellectual Property Rights Waiver for COVID Vaccines

The White House is considering options for maximizing global production and supply of COVID-19 vaccines at the lowest cost, including backing a proposed waiver of intellectual property rights, but no decision has been made, press secretary Jen Psaki said on …

EU Experts Hit Roadblock in Trying to Resolve Tech, Carmakers’ Patent Dispute

European Union efforts to resolve a patent dispute between tech companies and carmakers have hit a roadblock after experts enlisted for advice failed to agree on the level of royalties or who should pay them. Tech firm Nokia and automaker …

Supreme Court Rejects Merck’s Bid to Reinstate $2.5B Damage Award Against Rival

The U.S. Supreme Court on Tuesday rejected Merck & Co. Inc.’s bid to revive a $2.54 billion jury verdict it won against rival drugmaker Gilead Sciences Inc. for infringing a patent in a dispute over a blockbuster hepatitis C treatment. …

Judge Throws Out Apple Copyright Claims Against Security Software Startup Corellium

A federal judge in Florida on Tuesday dismissed Apple Inc.’s copyright infringement claims against a Florida startup whose software helps security researchers find vulnerabilities in Apple products including the iPhone. U.S. District Judge Rodney Smith ruled in favor of Corellium …

Supreme Court Will Decide Constitutionality of Patent Appeal Board Appointments

The U.S. Supreme Court on Tuesday agreed to decide whether more than 100 technology disputes must be reheard because judges were unconstitutionally appointed to a U.S. Patent and Trademark Office tribunal in a case arising from a medical device patent …

How Pandemic, Contracts Focus Intellectual Property Insurance on Intangible Assets

The demand for intellectual property (IP) cover has been increasing year on year as businesses become more aware of the threat not only to their own IP, but also the potential that they may face a claim of infringement by …