Business News

Patent News and Technology Law Updates – 2014 – July 05

Article source: http://wp.me/p4a35Q-4G

On June 12, 2014, Tesla announced a bold move of opening up its patents. Tesla’s press releasstates, “Yesterday, there was a wall of Tesla patents in the lobby of our Palo Alto headquarters. That is no longer the case. They have been removed, in the spirit of the open source movement.”
 
Full blog from Tesla may be read here.
 
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Tesla’s Patent Strategy is a Disruptive Business Move to Expand & Lead the Market of Electric Cars. Here other examples of free patent and technology licensing may be seen, including patent licensing by companies like Syngenta Seeds AG (Golden Rice), Boehringer Ingelheim (HIV Drug Patent License), Alnylam and GSK(Neglected Tropical Diseases), HP (Battery Recycling Patents) etc.
 
Recently, Oklahoma and Louisiana enacted Social Media Password Protection Laws after Wisconsin and Tennessee, a major update from US legal news.


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Indian Patent Office recently rejected patent for anti-cancer drug Abraxane filed by US company Abraxis BioSciences. Main ground of rejection was Section 3(d) according to which new forms of known substances are not patentable unless it results in enhanced efficacy over the known substance. Other grounds of rejection included lack of inventive step and insufficient disclosure.
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Some networking tips and experiences after attending patent attorneys conference in Munich and technology conference in Asia (Echelon 2014), where one of the attendees was Facebook co-founder Eduardo Saverin.
 

 

 
About the Author: Rahul Dev
 
Advice for Contacting
 
Engagements: Contractual Consulting, Hourly, Project Based
 
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