The justices ruled that the authority of the judges of the Patent Trial and Appeal Board is unconstitutional, but by giving the USPTO director greater oversight, the highest court likely saved this favored tool of generic patent challengers.
The value of intellectual property in a startup cannot be ignored. It is axiomatic that technology startups are the most attuned to the value of IP to their business — some form of technology is usually the backbone of their business model.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
A vast number of healthcare regulatory burdens and intellectual property issues – many of which are frequently overlooked – can snag young digital health companies and either destroy their potential or severely delay them.
Telehealth company American Well has sued competitor Teladoc, claiming infringement of intellectual property rights.
When a startup gets ready for some M&A action (and if they’re in healthcare, getting to this point was probably hard-fought and hard-won), a patent troll could come knocking. While the Federal Trade Commission is finally looking into patent trolls’ effect on innovation, patent trolls still lurk, according to a blog in the Wall Street […]
“Patents are one of the most painful parts of running a startup.” That was one of the responses Colleen Chien, an associate professor of Law at Santa Clare Law, got when she surveyed and interviewed some 300 venture capitalists and venture-backed startups in healthcare and tech to understand what patent issues were troubling them. Momentum […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Great Lakes NeuroTechnologies, a Cleveland-area company that promised more focus on DBS treatments as well as new products this year, has expanded its intellectual property in that area. The patent covers a wearable apparatus that positions an array of electrodes on the surface of the scalp and provides low-dose stimulation to the brain using […]
Even before the Supreme Court ruled on Myriad Genetics yesterday, there was talk in the biotech industry that a decision against the company’s patents would spell bad news for innovation. Trade group BIO is among those expressing concern post-ruling about how young biotechs who have built their business models on DNA patents will fare. Others […]
Passed in September 2011, the final phases of the America Invents Act went into effect in March. Cyrus Morton, a partner at the Minneapolis office of Robins, Kaplan, Miller & Ciresi said this law represents the biggest change since the 1950s. “This bill spent eight years in Congress and finally got passed when this administration […]
A piece in Forbes this week calls attention to a recent trend in technology commercialization at universities: the use of crowdfunding. The article focused on a collaboration between the University of Utah’s Technology Commercialization Office and the crowdfunding site RocketHub, which resulted in the University Tech Vault, a portal specifically for projects that come out […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
Last summer, when regenerative medicine company Stem Cell Theranostics went through the StartX accelerator program at Stanford University along with one other biotech company, the team members realized that many aspects of their experiences were much different than those of the other companies. For example, they weren’t moving as quickly as the other companies, and […]
Patent laws are changing. The America Invents Act has shifted U.S. patent laws to a “first-to-file” system from a “first-to-invent” system, according to attorney Steven Auvil, chair of the intellectual property practice group at Benesch in Cleveland. Auvil’s work focuses largely on litigation of intellectual property disputes. In the interview below, he discusses changes to […]
Purdue University spun off 11 new companies in 2010, making it the sixth most successful university technology commercialization program in the country for creating startups, according to the Association of University Technology Managers. It tied that number in 2011 and inked a total of 99 commercialization deals. With a gross royalty income of $3.9 million, […]
A drug delivery technology patent awarded to BioDelivery Sciences International (NASDAQ:BDSI) has triggered a $15 million milestone payment from drug partner Endo Pharmaceuticals (NASDAQ:ENDP). Raleigh, North Carolina-based BDSI said today that the U.S. Patent and Trademark Office has formally awarded a patent for the company’s “Transmucosal Delivery Devices with Enhanced Uptake,” a patent that covers […]
GlaxoSmithKline (NYSE:GSK) is investing nearly $800 million to build a new manufacturing plant in the United Kingdom, part of a capital investment effort that could create 1,000 new jobs. The new plant, in a region north of London, will be the company’s first new U.K. factory in nearly 40 years, GSK said in today’s announcement. […]