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The ASEAN Patent Examination Co-operation (ASPEC) will now be accepting written opinions issued by any participating intellectual property office under the ASPEC. This came into force on June 15, 2021. Like that of other bilateral or multilateral agreements where one country accepts others’ final search and examination results from the IP office, similarly, ASPEC allows using of the search and examination from IP offices of any of ASEAN members states for...

With the booming e-commerce industry, in the first move, e-commerce giant Amazon launched its Intellectual Property Accelerator (IP Accelerator) program in India. With more sellers, who themselves are the brand owners, on the website; this program will assist those sellers in providing any IP issues by connecting them with IP specialists and legal firms. As per the statement released,  These sellers, including small and medium-sized sellers, can choose to engage with these...

Cell Source Inc. announced that they have received two patents for their Veto Cell Technology, which has been issued by the United States Patent and Trademark Office (USPTO). The first patent is the “Veto Cells Generated from Memory T Cells” and the second patent is the “Method of Transplantation and Disease Treatment.”

Veto Cell Technology

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With the age of globalization and an era of the global market, major companies offer those products and services which are viable around the world. But as per the principle of patent law is concerned, the validity of a patent is limited to the jurisdiction to which it has been applied. Therefore, there is no such concept of “international” patent in the world. For example, the patent granted by the United States Patent and Trademark Office (USPTO) will end at the US border...

Singapore has become a major hub for IP-driven companies due to the suitable environment that it provides for the companies. Companies always look for a destination that has multiple benefits and has strong business environment. Singapore always fits in this domain and major industries and business seeks to establish their foot in Singapore capturing the market in the Asia-Pacific. Each business knows the importance of IP and the value that IP holds as an asset to the...

US-based Research Company, Ofinno, and Japan-based automobile major Honda have completed a large patent transaction, where Honda has acquired 100 high-value patents from Ofinno. These patents cover a range of technologies from cellular signaling to radio resource management.

Honda

[Image Source: gettyimage]

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Intellectual Property has always played an increasingly significant role in today’s technology-driven industry. Patents are an important IP asset for an organization. Hence, the innovative strength of an organization subsequently can be measured through its patenting activities. Not only with the number of the patents, but the quality of the patent is what makes the corporation more demanding. Hence, it is always advised to have a strategic approach to obtaining...

The market is filled with technological inventions and with more competition; the value of IP has been on the rise. This increased value substantiates the reason for having effective strategic IP management. Primarily, now going into the perspective of Strategic IP management, various key factors can be found which dictate the management. A few of them can be: firstly, the...

The Standing Committee of the National People’s Congress in China introduced stricter punishment for IP infringement leading to up to maximum prison terms of seven to ten years, creating more significant criminal penalties. Concerning implanting gene-edited and cloned human embryos into humans and animals, the new Article 336(1) of the criminal law creates penalties for the same attempting to stop intellectual property theft.

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Russia’s Supreme Court rejected US Company Gilead Sciences lawsuit challenging the Russian government’s decision for development and marketing anti-covid-19 drug Remdesivir with the consent of Gilead.  Pharmasyntez, a Russian drugmaker has been granted a compulsory license by the Russian government to manufacture the drug under various names without Gilead’s consent.

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