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MIT ranked #1 Tech Transfer University in the World

Global University Venturing (GUV) has published the International Rankings of leading universities on their technology transfer efforts. MIT’s (Massachusetts Institute of Technology) Technology Licensing Office secured the top spot in the TTO Rankings List. University of Pennsylvania and Cornell secured the second and the third place respectively.

Global University Venturing TTO Rankings 2014

GUV Rank University TTO
1 Massachusetts Institute of Technology (MIT) Technology Licensing Office
2 University of Pennsylvania Penn Centre for Innovation
3 Cornell University Centre for Technology Enterprise and Commercialisations
4 Columbia University Columbia Technology Ventures
5 University of California, Los Angeles (UCLA) Office of Intellectual Property & Industry Research Alliances
6 Johns Hopkins University Technology Transfer
7 Stanford University Office of Technology Licensing
8 Washington University Centre for Commercialisation
9 University of California, San Diego Office of Intellectual Property & Industry Research Alliances
9 Oxford University Isis Innovation

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King of Tollywood moves Courts for enforcing his Publicity Rights

The King of the Tamil film industry, Shivaji Rao Gaikwad, popularly known as Rajinikanth has moved the Madras High Court for enforcing his Publicity Rights. The suit was filed in order to stop the release and screening of the unauthorised Hindi biopic, ‘Main Hoon Rajinikanth’. The actor has alleged that Mumbai-based producer of the film has not only used his persona without obtaining permission but also portrayed him in negative light.

The motion for interim application was heard by the Madras High Court on September 17, 2014 where Justice S Tamilvanan, granting the Order for Restraining the release of the film added that, “[t]he person in the caricature is in the same style of popular actor Rajinikanth, and the wordings available therein would show that the person is a CBI officer, stupid, part-time social worker, part-time contract killer etc. and describing the person as a womaniser.”

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Eminem loses himself in Copyright Infringement suit against NZ’s National Party

In recent news, rapper/musician, Eminem’s, Detroit-based publishing company, Eight Mile filed proceedings in the High Court at Wellington against a New Zealand political party, the National Party, alleging that they used music from Eminem’s hit song, Lose Yourself, in a Political ad Campaign for current Prime Minister, John Key. The allegation was that John Key and his Party used said Grammy and Academy award-winning song in their Political campaign without Eminem’s permission.

On the other hand, the National Party has rejected the musician’s claims, adding that it will contest any action taken against the party. Further, the party claims to have bought the music from a production music supplier, Beatbox, along with an assurance from Beatbox that the use of the music in question did not infringe any copyright. The music in question was purchased from Beatbox through Apra/Amcos – the Australasian body that acts as an agent for music licensing companies all around the world.

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Indian Patent Statistics – August 2014

The Indian Patent Office granted a total of 615 patents and published 3109 patent applications in the month of August, 2014.

GM Global Technologies topped the Grantee list with 28 patents to their name. With a total of 23 patents, Qualcomm Incorporated followed GM Global at a close second. LG Electronics Inc. and Bharat Heavy Electricals Limited also made it to the Grantee list.

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Alice vs. CLS saga

A thought is emerging in the US that the Alice vs. CLS decision was a game-changer and that software patent protection in the country has been seriously eroded. Let us see what happened between them and how it affects us.

Who is Alice?

Alice Corporation claims to be an innovator in financial markets. The Company has obtained patents on its innovations worldwide, including in the United States. It was founded by privately-held Alice Ventures (AV) in the early 1990s, National Australia Bank Limited (NAB) became a shareholder in 1995 and a 50% shareholder in 2000.

Who is CLS?

CLS (originally Continuous Linked Settlement) is a specialist US financial institution that provides settlement services to its members in the foreign exchange market. Since it began operations in 2002, CLS has rapidly become the market-standard for foreign exchange settlement.

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Clips of Copyrighted Material constitute FAIR USE!

In a recent copyright dispute, a New York Court recently held that a database providing for television clips and snippets of transcript constitute fair use, protecting it from allegations of copyright infringement. TVEyes is a company that monitors and records all contents broadcast by more than 1,400 television and radio stations and transforms this content into a searchable database for its subscribers. TVEyes allows its subscribers to use search terms and obtain transcripts and video clips of the portions of the television show that used the search term and further are allowed to download and save these clips and can even email them to non-subscribers or post them on social media.

This service provided by TVEyes is available only to businesses and not to the general public. It has over 2,200 subscribers including the White House, 100 current members of Congress, the Department of Defense, the United States House Committee on the Budget, the Associated Press, MSNBC, Reuters, the United States Army and Marines, the American Red Cross, AARP, Bloomberg, Cantor Fitzgerald, Goldman Sachs, ABC Television Group, CBS Television Network, the Association of Trial Lawyers to name a few. The clips provided under this arrangement can be accessed only within 32 days.

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Blockbuster Tech Transfer – Gilead to license Sovaldi to Indian generic manufacturers

California based Biotechnology firm, Gilead, has entered into licensing agreements with 7 large generic drug makers based in India. Cipla, Cadila Healthcare, Hetero, Mylan Laboratories, Strides Arcolab, Ranbaxy and Sequent Scientific are receiving a license to the blockbuster drug, Sovaldi, to produce and sell lower cost versions in 91 developing countries.

Gilead has been getting flak over the pricing of Sovaldi, which has a cure rate of around 90% but costs an exorbitant US$ 84,000 for a 12-week treatment course. This agreement would potentially provide access to treatment for 185 million people across countries like Egypt, Vietnam, India and African nations, which have a per capita income of nearly US$ 1,900 and account for about 54% of those with Hepatitis C. Generic drug makers can sell Sovaldi and Ledipasvir, an investigational drug as a fixed dose combination at their own price in all the countries covered in the agreement, but will have to pay a royalty of 7% on sales to Gilead.

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Cheers to the Patent on Liver Regeneration!

Can-Fite BioPharma Ltd. announced the issuance of a special patent through the Japanese Patent Office.

Who is Can-Fite BioPharma?

Can-Fite BioPharma is an Israeli bio-pharmaceutical company with fully integrated pharmaceutical discovery and clinical development capabilities. The company has an advanced pipeline of proprietary compounds in phase 2 and 3 clinical developmental stage. This company addresses autoimmune-inflammatory and cancer diseases.

What patent did they get?

Patent Application No. 12/682,994, titled, Method for inducing hepatocyte proliferation and uses thereof covers Can-Fite’s clinical stage drug candidate, CF102, in the treatment of liver regeneration and functions following liver surgery or other injuries via inhibition of pro-apoptotic proteins, resulting in liver repair.

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Shouldn’t a request for Prioritized Examination be given Priority?

All applicants have a desire that their patent applications get prosecuted faster and their patents get a grant on priority, however, such desires are seldom fulfilled. Blame it on the backlog, if you will, and several other reasons for the delay, but patent applicants have to wait more than 3 years to get their patents granted.

Empathizing with the concerns of the applicant, several patent offices have devised procedures to expedite the prosecution of applications. Prioritized examination, accelerated examination, early examination are some of the provisions available to aid applicants in this pursuit. The most interesting among them is prioritized examination which aims to decide the fate of an application (refusal or grant) within 1 year of acceptance of request for prioritized examination.

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WIPO launches unique Image-based search functionality

In its progressing efforts to provide better Intellectual Property Services, World Intellectual Property Organisation (‘WIPO’) has introduced an image based search functionality in the Global Brand database’s users with an objective of “Every country. Every Brand. One search”. It adds an important new search possibility for the Global Brand database’s users, who often wish to see if a logo, device mark, trademark or other similar images are separately registered for use.

What is the Global Brand database?

The Global Brand database is a free database released by the WIPO in March, 2011 as part of the WIPO Global Intellectual Property search system. The Global Brand database is comprised of 10.9 million records relating to internationally protected trademarks, appellations of origin and armorial bearings, flags and other state emblems as well as the names, abbreviations and emblems of intergovernmental organizations.

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