Patent News Watch
From First to File (www.firsttofile.com)October 6th, 2008
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| ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -Court Awards Cordis $1.2 Bln. In Patent Litigation Against Medtronic, Boston Scientific -Will Johnson & Johnson Ever Get Its Money? -Omaha man loses patent lawsuit against Nike -Small Cleveland law firm awarded millions because courtroom rivals didn't play fair -Eastern Texas' IP 'Rocket Docket' Shows Signs of Slowing -Who Owns the Law? Arguments May Ensue -Patent trolls: Drain on innovation or defense of invention? -German Court Sees First Signs of European Patent Trolls -Has the Economic Mess Diluted Biotech's Hand -Want to be more productive? Sleep on it -How the Telescope Changed Our Minds -Niceville entrepreneur hopes golf game rings up sales Court Awards Cordis $1.2 Bln. In Patent Litigation Against Medtronic, Boston Scientific (RTTNews) Cordis Corp., a Johnson & Johnson company, announced Tuesday that the U.S. District Court in Delaware has awarded about $1.2 billion to the company in a patent infringement lawsuit against Medtronic Inc. Read More Will Johnson & Johnson Ever Get Its Money? (The Motley Fool) You'd think that a $1.2 billion award would make you happy. But the lawsuit that triggered it is just another fact of life for investors in pharma. Let's take a closer look at this particular example. Read More Omaha man loses patent lawsuit against Nike (Associated Press) An Omaha man has lost his patent infringement lawsuit against Nike Inc. Gerald Kellogg sued the Beaverton, Ore.-based athletic shoe and apparel company in 2007, claiming Nike had stolen his design for a vented cap. Kellogg sought between $2 million and $8 million. Read More Small Cleveland law firm awarded millions because courtroom rivals didn't play fair (Cleveland.com) Attorneys from an international law firm who supposedly misled and deceived jurors have been ordered to help pay $4.4 million in fees to the Cleveland lawyers who were their courtroom opponents in a patent trial. Read More Eastern Texas' IP 'Rocket Docket' Shows Signs of Slowing (Law.com) Patent lawsuit filings in the U.S. District Court for the Eastern District of Texas -- long considered a national "rocket docket" for intellectual property litigation -- are ebbing after a steady increase during the past seven years. Read More Who Owns the Law? Arguments May Ensue (NYTimes) IN a time when scientists are trying to patent the very genetic code that creates life, it may not be too surprising to learn that a variety of organizations - from trade groups and legal publishers to the government itself - claim copyright to the basic code that governs our society. Read More Patent trolls: Drain on innovation or defense of invention? (MHT) Imagine you've developed an innovative product for a competitive market. One week after you launch the product, a lawyer contacts you. His client, a company you've you never heard of, claims a small but essential component of your product infringes a patent they own. Unless you settle for a licensing agreement, you'll find yourself in court in East Texas within a year. Read More German Court Sees First Signs of European Patent Trolls (Law.com) Could it be that the patent troll, once believed to survive only in the concrete jungles, high-tech valleys, and small Texas towns of North America, has extended its range to Europe? A case pending before a German court in Mannheim could signal its arrival. Read More Has the Economic Mess Diluted Biotech's Hand (TMC/BioWorld Today Via Acquire Media NewsEdge) Three CEOs walk into a congressional hearing. One heads an investment bank, the other a automotive company and the third a pharmaceutical company. . . . OK, I've made up the opener. Someone, somewhere, must have a conclusion to this joke. It's begging to be told, if only so that frustrated citizens can blow off a little steam. Pharma execs have been in the hot seat for some time up on Capitol Hill, and whatever else they may be feeling about the financial turmoil currently gripping the nation, it must be mingled with a bit of relief that the nation's rage, as reflected through the lens of sanctimonious legislators, is turned elsewhere for the time being. Read More Want to be more productive? Sleep on it (SFGate) "Waste not life," wrote Benjamin Franklin, patron saint of American entrepreneurs. "In the grave will be sleeping enough." Centuries later, the attitude toward sleep in America - and in American business, in particular - has scarcely changed. Corporate culture reveres the e-mail sent at 3 a.m., the executive who rushes directly into a meeting from a red-eye flight. Bumper stickers offer an updated version of Franklin's dictum: "I'll sleep when I'm dead." Read More How the Telescope Changed Our Minds (Wired) Four hundred years after its invention, the telescope has become an essential scientific instrument, an icon of science. But it is more than just an extension of our senses - the telescope is an instrument of thought as well. Throughout its 400-year history, the telescope has changed our view of the universe and our view of ourselves. Read More Niceville entrepreneur hopes golf game rings up sales (NWFDailyNews) Sometimes inspiration for starting a business venture just shows up where you might least expect it. For Randy Herron, what he developed into a lawn game known as "Ring It! Golf" started with a visit to Greenville, N.C., eight years ago. 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