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Healthcare

Apollo unit files patent lawsuit against Indian generic drugmaker

Apollo Global Management’s wholly-owned unit, Covis Pharma, alleged that Indian pharmaceutical company Eugia and its parent Aurobindo infringed upon two of its patents (US10471075B1 and US9844558B1). Both patents concern its Makena product, an injectable treatment that is used to reduce the risk of premature birth.

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drug tablets
COVID-19

Drug patent listing and exclusivity clarified in new US bill

The Orange Book Transparency Act of 2020 (H.R. 1503) was signed into law last January 5, 2021. The Act updates regulations of the US Food and Drug Administration concerning the Approved Drug Products with Therapeutic Equivalence Evaluations (more commonly known as the Orange Book) which contains publicly available patent and exclusivity information, particularly on approved and available generic drugs.

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Cryptocurrency

Betting with bitcoin: Gambling giant granted crypto payment patent

International Game Technology (IGT) has patented a technology that uses cryptocurrencies as a form of payment in casinos. The USPTO granted IGT a patent last January 5 for a system that allows cryptocurrency funds to be transferred to a “gaming establishment account” from a player’s external crypto account. This allows users to transfer cryptocurrencies like Bitcoin from their private wallets to virtual wallets linked to casino accounts with the use of their phones. 

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Artificial Intelligence

Toyota seeks auto car wash patent for future AI-powered vehicles

An interesting corner of the growing world of AI is its adoption in the automotive industry. As automakers are racing to develop driverless vehicles for widespread adoption, they recognize that leveraging AI-powered solutions and features will be the key differentiators for their brand.

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