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    PATENT INFRINGEMENT

    Calcutta HC grants interim injunction in favour of NOCIL Limited in patent suit

    Calcutta High Court recently granted an interim injunction in favor of NOCIL Limited against Finorchem Ltd. The injunction relates to a suit concerning patent infringement of a chemical process developed by NOCIL. Justice Ravi Krishan Kapur observed that the balance of convenience favored NOCIL and that irreparable injury would result without the injunction. NOCIL holds process patents for manufacturing 4-Aminodiphenylamine, a chemical used in rubber applications.

    Biocon settles US patent dispute with Roche's Genentech, eyes 2027 Perjeta biosimilar launch

    Biocon announced a settlement with Genentech over its biosimilar, Pebrilzo, of the cancer drug Perjeta. The agreement allows Biocon to launch Pebrilzo in early 2027 in the UK and EU, and in late 2028 in the US. In response to Genentech's patent infringement suit, the New Jersey court dismissed the case at Genentech's request. The details of the settlement agreement remain confidential between the companies involved.

    Global Market: China stocks fall as global yields, geopolitical tensions weigh on sentiment

    Chinese stocks declined as government support measures failed to restore investor confidence amid rising global bond yields, Middle East tensions and US technology investigations. Concerns over inflation, trade restrictions and export prospects weighed on sentiment, while technology shares fell sharply, highlighting persistent challenges for Beijing’s market stabilisation efforts.

    Jio IPO SWOT analysis: What the DRHP says about its growth story, moats and risks

    Jio Platforms is gearing up for a landmark public offering to secure Rs 37,700 crore in funds, with subscriptions expected to commence on October 21. With an impressive customer base exceeding 524 million, Jio dominates India's wireless data landscape. The company is well-positioned to capitalize on opportunities like the shift from 2G to 4G and expanding enterprise connectivity.

    Micron enters $600 million settlement of Netlist patent dispute

    Netlist said in a statement that Micron would pay $30 million per quarter for a five-year license to Netlist's patent portfolio that includes its "high bandwidth memory" technology.

    In 1967, Robert Kearns patented a windshield wiper that paused between sweeps; Ford later used the idea, and a jury awarded him $10.2 million in 1990

    In the 1960s, inventor Robert W. Kearns developed a groundbreaking windshield wiper system featuring intermittent operation. After Ford appropriated his design without permission, Kearns found himself embroiled in an arduous legal fight to reclaim ownership. He endured various personal and financial hardships but triumphed in 1990 with a monumental $10.2 million judgment against Ford. Kearns' journey highlights the immense struggles inventors face in safeguarding their creations.

    The Economic Times
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