Recently, DelSiTech Ltd. (“DelSiTech”), a Finland-based drug delivery company entered into a patent licensing agreement over DelSiTech’s patents with Visus Therapeutics (“Visius”), a US-based company. This is a worldwide exclusive licensing agreement. Both companies are working on six development programs…
In today’s day and age, scientific innovations are developing at a breakneck speed. A lion’s share of this development is facilitated by the biotechnology sector. In a broad sense, biotechnology can be defined as an area in biology that uses…
Recently, Dublin, Ireland-based biotechnology company, ERS Genomics Limited (“ERS”), has signed a nonexclusive license agreement with Iowa-based Cellular Engineering Technologies (“CET”) to grant access to its CRISPR-Cas9 patent portfolio. The financial terms of the agreement were not disclosed. ERS was…
A Non-Disclosure Agreement (NDA) plays a pivotal role in various corporate transactions, employment agreements, negotiations or any other scenario wherein confidential information is being exchanged. In other words, it is a contract that enforces a confidential relationship between two or…
The COVID-19 pandemic has truly exposed the frailty of our infrastructural systems. Innovation has taken a front seat and the world is keenly awaiting the public distribution of COVID-19 vaccines which would help restore normalcy. Among the numerous factors that…
Recently, Oravax Medical Inc., (“Oravax” has entered into a licensing agreement with Premas Biotech to make available for commercialization of Oravax’s virus-like particle (VLP) vaccine technology. Oravax is a joint venture between Oramed Pharmaceuticals Inc., a US-based company (the majority…
Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in India’s economy. Today, the supply chain for products and services is largely dependent on MSMEs. As a result, MSMEs generate employment on an enormous scale while facilitating the modernization…
Recently, the United States District Court of Massachusetts denied Steve Madden’s petition to dismiss part of the design patent infringement claim raised by Converse Inc. Steve Madden (“Madden”) is a major manufacturer and retailer of apparel, footwear, belts, handbags, and…
Recently, in an announcement made by Pleasanton, California based 10x Genomics, Inc. (“10x”) with US Stock exchanges and SEC (Securities and Exchange Commission), the company informed that it has entered into a global settlement and cross-license agreement with Hercules, California,…
German automaker Mercedes-Benz (Mercedes) recently announced the acquisition of Oxford, United Kingdom-based company YASA. YASA is a pioneer in next-generation electric drive technology. This technology-centric acquisition would also go well with the recent decision taken by Mercedes to go all-electric…