Coast guard scientists are investigating mysterious balls of tar washing ashore in Los Angeles County, and Teva will pay a $1.2 billion settlement, reports CNBC's Sharon Epperson.» Read More
NEW YORK, Dec 23- Patent risk management company RPX Corp said on Tuesday it would buy patents owned by Apple Inc and other firms for $900 million, helping to further scale back lawsuits over smartphone technology. The deal puts an end to litigation started last year by Rockstar against several handset manufacturers whose phones operate on Google Inc's Android...
NEW YORK, Dec 23- Patent risk management company RPX Corp on Tuesday announced a $900 million deal to buy most of the patents owned by Rockstar Consortium, formed by Apple Inc. and other major technology firms in 2011 following the bankruptcy of Nortel Network Corp.. The consortium last year also sued several handset manufacturers whose phones operate on...
Dec 19- A U.S. federal appeals court has slashed the damages that Zimmer Holdings Inc will have to pay Stryker Corp for infringing its patents on a surgical cleaning wand. Last year a jury in Grand Rapids, Michigan, awarded medical device maker Stryker $70 million in lost profits and found Zimmer's conduct to have been willful. A three-judge panel of the U.S. Court of...
*Decision marks win for International Stem Cell Corp. BRUSSELS/ LONDON, Dec 18- Europe's top court has opened the door to certain stem cell patents in the European Union by ruling that an organism incapable of developing into a human being is not a human embryo and may be patented. Thursday's judgment by the European Court of Justice was made following a case...
MUMBAI, Dec 17- Swiss drugmaker Novartis AG said on Wednesday it had sued India's Cipla Ltd for infringing patents covering its respiratory drug Onbrez, a month after Cipla launched a copy at a fifth of the original drug's price. Cipla, India's fourth-largest drugmaker by revenue, launched its copy of Onbrez in New Delhi in October, citing urgent unmet need for the...
WASHINGTON, Dec 10- President Barack Obama's nominee to head the U.S. Senator Charles Grassley, incoming chairman of the Judiciary Committee, said in opening remarks that he expected the Senate would not vote on the nominations this year and that incoming committee members may also have questions for Lee. Grassley, an Iowa Republican, also pressed Lee on a report...
A jury has told Apple to pay a Texas company $23.6 million for using SkyTel pager technology in its devices without permission, Bloomberg reported.
The "Squawk on the Street" crew discusses pressures facing Merck in regards to drugs coming off patent, and the play on pharma companies.
CNBC's Jim Cramer discusses news Regeneron's drug Eylea for treating diabetic macular edema created significantly greater improvement in visual acuity compared with Lucentis.
Apple's Beats and Bose have settled their patent infringement dispute, reports CNBC's Julia Boorstin.
U.S. regulators granted accelerated approval to Merck's Keytruda drug, a new type of melanoma treatment for patients with advanced melanoma.
Karan Girotra, professor at INSEAD, discusses Tesla's business model and their ability to grab the fascination of consumers.
CNBC's Josh Lipton reports Bose is suing Apple's Beat's Electronics over noise-cancelling headphone patents.
With CEO Tim Cook pumping unprecedented cash into R&D, Jay Walker, Patent Properties chairman, discusses Apple's upcoming product line and how patents create jobs and drive stock prices.
A Beijing court has ruled against Apple by upholding the validity of a patent held by a Chinese company.
Philips Electronics said on Friday it had won a patent infringement cases against Nintendo in the United Kingdom.
The Supreme Court unanimously upheld the patentability of software Thursday, but raised the bar on what types of software are protected.
Sport shoes maker Skechers said it filed a lawsuit against Reebok, alleging infringement of patents related to the company's Go Walk shoes.
IBM and Pure Storage announced in a release that the private computer storage company has acquired more than 100 technology patents from IBM.
The U.S. Patent and Trademark Office has cancelled the Washington Redskins' trademark registration saying the name is "disparaging" to Native Americans.