Celebrating 20 Years of IP Excellence

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Intellectual Property: EVENT- The Grand Masters 2015- In House Counsel Legal Best Practices Summit

Date and Venue : 20 February 2015-  Leela Palace, Mumbai 27 February 2015- Le Meridien, Bangalore Agenda:                  The event recognizes the best of the In-House Counsel of the country and creates a                 brainstorming discussion ambience for the next-gen In-House Counsel. Link:                     Click here

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Pirates of Bollywood on Copyright Infringement

  Here's a sneak peak (possible spoiler) at what Pirates of Bollywood brings to its readers in its court arguments on copyright infringement.. Alluring, isn't it? Read on then.   Pirates of Bollywood - Court Arguments on Copyright Infringement- An Excerpt (Chapter 59)   Sipping on her coffee, Justice Somaiya said, “Counsels, let us start the rebuttals session. As I indicated earlier, we will not be following the standard procedure, and I will interrupt only, if and when, things get out of…

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Roche’s backbone rendered brittle by Indian Patent Office

The Chennai Patent Office revoked Hoffmann-La-Roche’s patent on its osteoporosis drug, Bonviva, in response to post grant opposition filed by Indian drug maker, Cipla Global Ltd. The drug in question comprises Ibandronate Sodium, used to treat patients suffering from metastatic cancer, associated skeletal fractures and osteoporosis and also for the treatment and prevention of osteoporosis in post-menopausal women. Osteoporosis is the progressive bone disease caused by decrease in bone mass making bones extremely weak and fragile, leading to increased risk of…

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Weekly IP Warm-UP!

GOOGLE V. SPAIN – SPANISH PUBLISHERS SUFFER AS GOOGLE NEWS CLOSES OPERATIONS A new Copyright law which has made it mandatory for Google, Yahoo and other news aggregators to pay licensing fee to all news publishers for using their stories or snippets in Google News, results in Google cutting its operations in Spain. However, the regulation allowed publishers to opt in to Google’s index, and prevent Google from paying licensing fee. COPYRIGHT REGULATION TO ALLOW PRIVATE COPYING; TO FACE IRE…

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Terror Attack on the Creative Community

  It had not even been a week since year 2015 was ushered in, that the world got to face an agonizing event. The terror attack on Charlie Hebdo’s office and people in Paris on January 7, 2015 is the wrecked Wednesday that has left people all over the world with a sense of agony. While all of us have felt solidarity to the victims on many levels, the fact that a creation of the mind could beget such mindless violence…

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Drug Humira turns Rheumatic for Abbott Biotechnology

The Indian Patent Office on December 31, 2014 set aside its order of granting a Patent to Abbott Biotechnology for its drug, Humira, in light of pre-grant opposition filed by Glenmark Pharmaceuticals. In November, 2003, Abbott had filed a patent application No. 526/DELNP/2005 for its drug named Humira, a formulation of human antibodies for treating Rheumatoid Arthritis. Glenmark filed a pre-grant opposition to this application in September, 2008. Since this was not brought to the notice of the Controller, Patent…

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Pirate’s Share: Piracy is Not Music to Many Ears

  The revenues from digital formats of music, as per an article published by RIAA, was about US$ 4.4B in 2013, and is growing at a exponential rate. The evolution of novel modes and means of digital exploitation has opened doors to music creators and owners across the world, as well as pirates. With more than 500 record labels releasing recordings in more than 20 languages, the music business in India is not only very large, but also diverse. The share of digital…

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Dr. Kalyan Quoted in the Indian Express

BananaIP’s Managing Parter, Dr. Kalyan, was recently interviewed by the Indian Express for an article titled “More Spends on Patents Needed” which looked at the low number of patents being filed by Indian companies in India as compared to MNCs or NRIs. Dr. Kalyan observed that “MNCs see patents as an investment and not expenditure. Most Indian companies are not IP-savvy and those who file patents do not know how to leverage them for business development,”. Date : 11/01/2015 [button link="http://www.newindianexpress.com/business/news/More-Spends-on-Patents-Needed/2015/01/11/article2613526.ece" newwindow="yes"]…

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BananaIP Chosen as Strategic IP Partner for IIT Mumbai’s International Business Plan Competition

BananaIP has been selected as the strategic IP partner for “Eureka”, the prestigious international business plan competition conducted by IIT Bombay. BananaIP will be responsible for providing IP and related consultancy to the finalists of Eureka. The winners of the event will be declared and awarded prizes during E-Summit 2015, to be held at IIT Mumbai. Date : 11/01/2015 [button link="http://www.newindianexpress.com/business/news/More-Spends-on-Patents-Needed/2015/01/11/article2613526.ece" newwindow="yes"] Read more[/button]

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RPX acquires patents owned by Apple’s Rockstar Consortium for US$ 900M

American patent risk management company, RPX Corp., entered into an agreement to acquire around 4,000 patents owned by Rockstar, a consortium led by Apple Inc. and other firms for US$ 900M. Rockstar was created as a patent holding entity in 2011 by technology bigwigs like Apple, Microsoft, Blackberry, Sony and Ericsson, with the intent of purchasing the 6,000 patents from the Nortel Network Corp., for US$ 4.5B, following its bankruptcy. About 2,000 of the most valuable patents have already been distributed…

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