(Reuters) -Shares of Moderna fell 4% on Wednesday after a U.S. judge issued an order that strengthened Arbutus’ arguments in a patent infringement lawsuit related to Moderna’s blockbuster COVID-19 vaccines. Roivant’s shares gained 4% in afternoon trading, while its subsidiary Arbutus rose more than 17%. In a so-called “claim construction order”, U.S. District Judge Mitchell […]
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US e-commerce giant Amazon and China’s multinational tech corporation Huawei have ended a row over patents. Amazon and Huawei have reached a multi-year patent cross-licence agreement that resolves pending litigation between them, Huawei said in a statement on Monday. “Amazon respects Huawei’s worldwide patent portfolio, innovations, and contributions to the standardization process,” stated Scott Hayden, […]
For more than a week this month, any Minnesotan yet to take down their Christmas tree had unlikely company: Senior U.S. District Judge Joan Ericksen’s 12th-floor courtroom in Minneapolis. Nearly a dozen artificial Christmas trees at the center of a long-running patent infringement lawsuit adorned Erickson’s courtroom throughout a trial that ended with a jury […]
(Reuters) -A U.S. judge ruled in favor of Israel’s Teva Pharmaceutical Industries in a patent infringement lawsuit brought by Corcept Therapeutics, sparking a frenzied sell-off in shares of the California-based drug developer. Corcept’s shares fell nearly 38% in trading after the bell. The lawsuit was tied to Korlym, Corcept’s drug to treat Cushing’s syndrome, which […]
The Biden administration announced Tuesday it will uphold a U.S. International Trade Commission order banning the sale of certain Apple Watches. According to a release by the Office of the United States Trade Representative, Ambassador Katherine Tai declined to reverse an Oct. 26 ITC decision that found a blood-oxygen tracking feature in Apple Watches infringed […]
Apple has stopped online sales of two popular models of its internet-connected watch in the US after losing its latest attempt to untangle a patent dispute that is blocking it from using some of the technology on the device. Both the Apple Watch Series 9 and Ultra 2 became unavailable to order online as the […]
Sales of some of the latest Apple Watches are to be halted in the US later this week if the White House does not intervene in an international patent dispute. Apple plans to suspend sales of the Series 9 and Ultra 2 versions of its popular watch for online US customers beginning on Thursday and […]