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Actor Matthew McConaughey has filed recordings of his image and voice with US patent authorities to protect them from unauthorized usage by artificial intelligence platforms, a representative said Wednesday.Several video clips and audio recordings were registered by the commercial arm of the just keep livin Foundation, a non-profit created by the Oscar-winning actor and his…
The impending patent expiry of semaglutide drugs across India, emerging markets and select regulated markets such as Canada and Brazil is expected to create a revenue opportunity of more than Rs 50 billion for generic pharmaceutical companies over the next 12 to 15 months, according to an industry update by Systematix Institutional Research.The report said…
The National Company Law Appellate Tribunal (NCLAT) has ruled that the Competition Commission of India (CCI) does not have the power to investigate disputes related to patented products, holding that the Patent Act takes precedence over the Competition Act in such cases, PTI reported.Dismissing an appeal against a CCI order that had closed a complaint…
BENGALURU: American tech firm Natsoft and its subsidiary Updraft have sued Mumbai-based Hexaware Technologies in the US for $500 million for patent infringement.The plaintiffs allege that Hexaware’s flagship modernization platforms — RapidX, Amaze, and Tensai/ATOP — illegally incorporate Natsoft’s patented technologies covering automated code testing, business-rule extraction, code generation, and legacy modernisation.Plaintiffs alleged that Hexaware…
NEW DELHI: The Indian Patent Office (IPO) has revoked the patent on Novartis’ cardiac blockbuster drug Vymada on grounds of lack of novelty, potentially paving the way for affordable generics to enter the market.The popular therapy has been in the spotlight for years, with generic versions from Natco, Torrent Pharma, MSN Labs and Eris Lifesciences…
