
WEEKLY NEWS
7th July, 2009 REFUSAL OF PATENT TO NOVARTIS' DRUG, "GLIVEC"-IPAB APPLE'S IPHONE MAY FACE TRADEMARK PROBLEMS IN CHINA Apple had applied for the iPhone trademark in China 2002 and its application covered computer hardware and software only and not phones, according to the Chinese trademark office. In 2004, Hanwang Technology, a Chinese company, which makes electronic devices and Chinese handwriting recognition systems, registered the i-phone trademark covering phones. MICHAEL JACKSON HAS A PATENT TOO- ANTI-GRAVITY SHOES Jackson co-developed the technique as an improvement upon a previous method in which he and his dancers were rigged up with harnesses and cables. This shoe-based system has the advantage of permitting a performer to move about freely on a stage. Jackson's patent is referenced as an predecessor to another footwear innovation patent. Granted last year, it covers flip-flops that have a bottle-opened in the footbed. ABBOTT LABS MAY NEGOTIATE AN AGREEMENT WITH JOHNSON & JOHNSON Abbott Laboratories had filed suit against J&J, claiming that it infringed on Humira's patents in the development of J&J's Simponi, which was launched earlier this year as a successor to Remicade. Analysts project Simponi to also become a multibillion-dollar blockbuster drug. The drugs are used in treating rheumatoid arthritis, psoriasis and Crohn's disease, a chronic bowel inflammation. Abbott says it plans to appeal Monday's verdict, which would be a one- to two-year process and this would give both parties time enough to work out a settlement. U.S. GROUP QUESTIONS ASTRAZENECA'S CRESTOR PATENT A similar discovery by Article One, launched by CEO Cheryl Milone last year, led to a patent office decision last month to reexamine a patent for Merck and Co Inc's blockbuster Singulair, a drug for treating asthma and allergy. DR. ZALMAN M. SHAPIRO GRANTED PATENT FOR INNOVATIVE METHOD OF SYNTHESIZING DIAMONDS He was personally presented with his new patent by John J. Doll, Acting United States Under Secretary of Commerce for IP at the USPTO Headquarters on 16th of June. Dr. Shapiro's invention harnesses a novel “float” method to mass-produce sizeable, gem-quality diamonds quickly and at relatively low temperature and pressure. His approach is faster, less expensive, and more energy efficient than existing methods which either imitate the high temperatures and pressures deep in the earth's crust or otherwise spray a substrate with high temperature carbon plasma. Dr. Shapiro's method requires less initial capital investment and operational expenses than either mined diamonds or prior man-made stones. Economically producing gem quality diamonds domestically will reduce the US trade deficit stemming from the annual $40 billion of cut and uncut gem diamonds the United States imports. By reducing the cost of production of large diamond crystals, Dr. Shapiro's approach permits new, practical, industrial applications of these unique properties. This is the 15th patent for Dr. Shapiro, who was recently nominated for the National Medal of Technology and Innovation, WOCKHARDT, BIOCON UNDER NPPA SCANNER “Insulin is an essential medicine and under the price control of NPPA. Wockhardt and Biocon have introduced glargine formulation in the market with their respective brand names. But the basic formula is insulin glargine and hence, they must take a price approval from NPPA,” an NPPA official said. The pricing authority has already written to both the domestic companies asking them for explanations. Wockhardt had launched Glaritus in February this year. The company confirmed that it has received a query from NPPA on Glaritus’ price approval. A Wockhardt spokesperson said that Glaritus (glargine) is a long-acting insulin analogue available in the market and such analogues of insulin are not covered under the definition of ‘scheduled bulk drugs’ and hence Glaritus prices were not referred to NPPA. Biocon’s product Basalog was launched in May 2009. The company says that while NPPA’s norms seek to establish ‘reasonable prices’ for essential and life saving drugs, their product Basalog is already priced at a significant discount to other marketed products. “As per our understanding, glargine does not fall under the scope and definition of NPPA. Biocon is in the process of clarifying its position to NPPA in accordance with Drug Price Control Order, 1995,” Biocon president-marketing Rakesh Bamzai said. |
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