Preliminary injunction granted against USPTO's new rules
GlaxoSmithKline has filed a suit in a US District Court challenging the legal validity of its new rules that will be effective from the 1st of November, 2007. GlaxoSmithKline claims that USPTO does not have the legal authority to promulgate such rules. It further claims that the rules are vague and arbitrary. As per GlaxoSmithKline, the rules violate the rights of the inventor to get a patent and their retrospective effect makes the rules arbitrary. The court has issued a preliminary injunction restraining the implementation of the rules by USPTO until it decides the case on merits.
Transmeta and Intel settle patent dispute
Transmeta filed a patent infringement suit against Intel claiming infringement of
10 of its patents and Intel responded by counter-claiming patent infringement of
7 of Intel's patents by Transmeta. The parties have now settled the dispute between them through a license agreement. Under the agreement, Transmeta has agreed to license its patent portfolio relating to computing, micro-processor and semi-conductor technologies to Intel for a
lump sum royalty of 150 million dollars and a fixed royalty of 20 million dollars per year for the next five years. The agreement obligates Transmeta to license all its existing patents and patent applications filed by Transmeta during the next
10 years.
Astra Zeneca's patent on asthma drug revoked
Astra Zeneca was granted a patent on an asthma drug made of combination of formoterol and budesonide, commonly called
Symbicort. An opposition was filed against the patent by about
7 generic companies. The Technical Board of Appeals of the European Patent Office has now revoked the patent. Symbicort is one of the best selling drugs of Astra Zeneca and the patent revocation may affect its
sales to a large extent.
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