EU Supports the US’ Plan to Discuss Patent Waiver for COVID-19 Vaccines
shot by IP News Shots / 7:05 pm on 07 May, 2021
The European Union (EU) has announced that it supports the decision by the US to discuss the plan for a patent waiver for COVID-19 vaccines. EU’s statement followed US’ announcement to reverse their stance about the patent waiver proposal.
Read More at: https://www.reuters.com/world/europe/eu-willing-discuss-covid-19-vaccine-patent-waiver-eus-von-der-leyen-2021-05-06/
Industry: Pharmaceuticals
Pharma Companies Urge G-20 Leaders to Protect their IP Rights
shot by IP News Shots / 7:02 pm on 07 May, 2021
A group of pharmaceutical companies have written in a report to the G-20 leaders about the lack of protection for intellectual property (IP) rights and its effects on innovation. Companies including Novartis AG, Sanofi FP, AstraZeneca plc and Johnson & Johnson have told the G-20 leaders that weakening the IP rights protection will lead to a reduction in investments and will affect innovation adversely. The companies have urged the G-20 to act towards better protection of IP rights for the health and life sciences industries.
Industry: Pharmaceuticals
Canada Willing to ‘Actively Participate’ in Discussions over COVID-19 Vaccine Patent Waiver Proposal
shot by IP News Shots / 6:59 pm on 07 May, 2021
Canada has expressed that it will ‘actively participate’ in the discussion relating to a patent waiver proposal for the COVID-19 vaccines, at the World Trade Organization (WTO). While Canada has pledged to be a part of the discussion, it is not clear whether they do or do not support the patent waiver proposal.
Read More at: https://www.tricitynews.com/the-mix/canada-agrees-to-take-part-in-wto-talks-to-waive-patent-protections-on-vaccines-3755743
Industry: Pharmaceuticals
Nokia Tops the Ranks in 5G Patents
shot by IP News Shots / 5:15 pm on 29 April, 2021
As per recent reports, Nokia Corporation is leading the ranks with the top position among the holders of 5G Standard Essential Patents (SEPs). Nokia has been in the top position for the second consecutive year after first having secured the rank in 2019. The company boasts of over 3500 patent families that are known to be 5G SEPs.
Read More at: https://www.globenewswire.com/news-release/2021/04/28/2218442/0/en/Nokia-ranked-as-number-one-in-5G-patents.html
Industry: Telecommunications
IPwe and IBM to Join Hands to Convert Patents to Digital Assets
shot by IP News Shots / 7:35 pm on 22 April, 2021
IPwe and IBM will be working towards the creation of infrastructure through which intellectual property such as patents can be represented as digital assets or non-fungible tokens (NFTs), the records of which may be stored on a blockchain network. The move is aimed at making the sale, purchase, and commercialization easier for investors as well as inventors.
Industry: Blockchain
Former World Leaders Urge Biden to Support COVID-19 Vaccine Patent Waiver
shot by IP News Shots / 5:40 pm on 15 April, 2021
Former world leaders and experts have written a letter to the President of the US urging him to temporarily suspend the intellectual property rights for the COVID-19 vaccines. It is believed that waiving the IP rights will help in better accessibility and accelerated manufacturing of the vaccines.
Read More at: https://news.bloomberglaw.com/ip-law/biden-urged-by-ex-world-leaders-to-suspend-vaccine-patents-ft
Industry: Healthcare Equipment & Supplies, Pharmaceuticals