Settlement For Alzheimer’s Patent

FDG-PET_brain_scan-normal-MCI-Alzheimers

“Alzheimer’s is the cleverest thief, because she not only steals from you, but she steals the very thing you need to remember what’s been stolen. 
”
― Jarod Kintz.

In the pharmaceutical world, there is always a new drug or treatment to cure, suspend growth of, or prevent a disease/illness. Just like any other business, the competition is steep and each company is trying to produce “the cure.” Recently, Eli Lilly & Company and Johnson & Johnson both have been in the process of developing potential treatment for Alzheimer’s disease. Alzheimer’s is the most common form of dementia, that gets worse as it progresses which eventually leads to death. In April, Eli Lilly & Co sought to revoke a patent held by J&J in London courts, which was recently settled with Eli Lilly & Co as victor for the patent. “We are disappointed by the outcome of this case, and we are considering our options,” Greg Panico, a U.S. spokesman for Janssen. Read More

A Kodak Moment: Patents To Sell for $525 Million

Decorative Scales of Justice in the Courtroom

Courtroom

It seems that film isn’t the only thing Kodak has been developing recently.  The famous digital imaging and photography company agreed to sell their patent portfolio to a large group of companies including Google, Apple, and Facebook.  Eastman Kodak, based in Rochester NY, is monetizing their patents to help recover from a recent bankruptcy.  Economists are predicting that the $525 million agreement will help Kodak re-emerge from Chapter 11 in the first half of 2013.  Amazon, Samsung, and Microsoft are also members of the 12-company group of licensees. Read more

Red Bull Space Jump & The Future of Patent Lawsuits

Speaking of Software Patents by Flickr User Opensourceway Licensed Under Creative Commons

                            Whose is it?

The Red Bull Stratos jump caused, 8.5 million people to watch Felix Baumgartner fall through the atmosphere at the speed of sound.  Red Bull was able to create a live moment that captivated millions.  Everyone was talking about Red Bull for days.  Obviously millions cannot witness the event live in-person, so the platform to deliver the message is equally as important.

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New Apple iPhone Patent Raises First Ammendment Concerns

Decorative Scales of Justice in the Courtroom

Decisions

Apple recently acquired a patent  that would disable an iPhone’s camera, recording ability and even put it into sleep mode.  The patent characterizes its function as “forcing certain electronic devices to enter ‘sleep mode’ when entering a sensitive area”.  There are certainly some benefits of this feature that would make life a little less annoying.  Wouldn’t it be wonderful to never enjoy a film without the interruption of someone’s cell phone?  College lectures would be silent of ringtones and it could even cut down on cheating.  While these functions appear to be harmless and even beneficial, there are serious legal questions being raised that cause some to worry about other uses of the patent.   What exactly is a sensitive area and who gets to determine this?

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