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TemperPack-Obtains
TemperPack Obtains Patent for Advanced Packaging Technology

TemperPack, a leading manufacturer and engineer of sustainable insulated packaging solutions, has been recently awarded a patent for an advanced protective and thermal packaging material made from bonded polysaccharide particles by the US Patent Office. The granted patent is the first related to ClimaCell, which is the company’s most advanced and latest material introduced to the market last year.

ClimaCell is the first certified packaging material, which matches the cushioning and thermal properties of expanded polystyrene (EPS). It has also received the designation of “Widely Recyclable” from How2Recycle, a standardized labeling system communicating clear and consistent on-package recycling instructions to the consumers.

James McGoff, the co-CEO of TemperPack, stated the company wanted to design an affordable and widely used material for multiple markets. For fulfilling the same, the company had to come up with a manufacturing platform that would be massively scalable and run on widely available feedstock. The company experimented with hundreds of materials and formulations, namely, shredded kraft and newsprint, nonwoven battings comprising natural, synthetic, and paper fibers, corrugated designs, natural and synthetic extruded foams, thermoformed plastics such as rPET, and more to achieve sustainability at scale.  After several experiments, the company finally landed on the product called ClimaCell. Made from rapidly renewable materials, ClimaCell is known to reduce carbon dioxide equivalent emissions by over 90% as compared to EPS. Additionally, it is moisture-resistant, food-safe, and light-weight.

According to James McGoff, from a market leadership perspective, this patent is a remarkable success for TemperPack as they have already produced millions of units. Moreover, the company is now effectively working with companies in the life sciences and perishable foods space.

Oman-MoCI
Oman – MoCI Urges Traders not to sell Counterfeit Products

Amid a rise in the issues of Trademark Infringement in Oman, the Ministry of Commerce and Industry (MoCI) has recently urged traders not to sell counterfeit products in the Sultanate’s markets. Not long ago, some of the traders in Oman were found dealing in counterfeit items including, watches, perfumes, shoes, bags, and telephones.  As per the MoCI, trademark infringement is illegal and leads to a violation of Intellectual Property Rights (IPR).

Ali Bin Hamad Bin Saif Al Mamari, the head of the Intellectual Property Rights Monitoring Department at MoCI, stated that the ministry had recently received several complaints about the counterfeiting of trademarks protected in the markets of the Sultanate. He further added that some traders who were involved in this unethical practice gave the pretext that they were unaware of the rights of the trademark owners. In response to such complaints and issues, the ministry carried out raids and seized a large number of counterfeit products.

Al Mamari said that as per the Article 16/2 of the Unified Trademark Law of the GCC countries, the trademark owners have the power to prevent others from using their trademark without any prior consent. According to Article 42 of the law, which details penalties and punishments for the infringers, trademark violators could be punished by imprisonment for a time of at least one month, and not more than three years; and a fine at the very least of RO 500, and not more than RO 10,000; or one of those two punishments. At last, he urged all the traders and importers to stop the trading and selling of counterfeit products for the protection of the Trademark Rights of the owners.

The Unified Trademark Law of the GCC countries including, Kuwait, Oman, Qatar, Saudi Arabia, Bahrain, and the United Arab Emirates (UAE), provides ambit of protection to the trademark owners and also prohibits the registration of well-known marks.

Pharmaceutical-Industry
Role of Intellectual Property in the Pharmaceutical Industry

The pharmaceutical industry is one of the evergreen industries in today’s high paced world. Whether an economy is on its most stable behavior or in recession mode, a person can fall sick any day or might require his supplement pills. Therefore, it won’t be wrong to say that the pharmaceutical industry is a prime source of medical innovation. In a pharmaceutical or biotech company, Intellectual Property (IP) is indeed the most valuable resource, which contributes significantly to the company’s future success. IP is the bedrock on which the advancement of new medications and cures takes place. Without Intellectual Property Protection, researchers might not be able to explore new areas of medical innovation and uncover the discoveries that will prompt the treatments, and cures of tomorrow.

IPR IN THE PHARMACEUTICAL INDUSTRY

The medical innovations and treatments leading to the discovery of new life-saving drugs must be protected through Intellectual Property Rights (IPR). As the relationship between a consumer and a pharmaceutical product is based entirely on trust, Trademarks help to distinguish and protect the brand on a company and product level. Patents offer pharmaceutical companies with exclusive rights to market their drugs and prevent others from selling, copying, or manufacturing these drugs for 20 years from the date of application. For pharmaceutical companies, IPR is a prerequisite for identifying, planning, commercializing, and protecting the inventions. They also encourage healthy competition, which promotes industrial development and economic growth. Additionally, IPRs provide sufficient incentives to these companies for investing in research and development.

IMPORTANCE OF IP IN THE PHARMACEUTICAL INDUSTRY

Intellectual Property is essential for the continued innovation of new medicines, and holds utmost importance in the pharmaceutical industry, explained in the points mentioned below.

  1. PROTECTION OF MEDICAL INVENTION

Once a person or a company has designed or developed a new drug or medical treatment, they must protect it either by filing a Patent Application or by keeping it as Trade Secret. However, in the case of trade secrets, a drug can be reverse-engineered, leading to the invention getting stolen, whereas a patent offers much more watertight protection.

  1. DRIVES ECONOMIC GROWTH AND COMPETITIVENESS

Intellectual Property leads to the significant economic growth of a pharmaceutical company by awarding the sole intellectual property rights to the inventor of a medication or treatment. All the marketing rights of the invention lie solely with the inventor with further options of even selling or licensing it.

  1. PROTECTION OF CONSUMERS AND FAMILIES

In the pharmaceutical industry, Intellectual Property’s main interest lies in public safety as it helps the consumers in making the right choice while selecting a medical product. Intellectual property rights help in ensuring a standard by assuring quality, which further establishes a reliable and effective public health infrastructure.

  1. GENERATES SOLUTIONS TO GLOBAL CHALLENGES

Promotion of innovation is essential; however, at the same time, one needs funding to do so. In the pharmaceutical industry, intellectual property rights offer encouragement to develop drugs and vaccines for the new diseases discovered daily. They provide incentives for turning innovative ideas into possible new medications.

  1. PROTECTION AGAINST POTENTIAL INFRINGERS

Intellectual property rights allow pharmaceutical companies to take strict actions against counterfeit drugs. Without such rights, countries across the globe would have a difficult time in ensuring the safety of their medical inventions.

BOTTOM LINE

The pharmaceutical industry should make sincere efforts to manage their IP Rights rather than just acquiring them from the national or regional IP Offices. It is a matter of fact that yes; Patent and Trademark Rights are not of much worth unless they are adequately exploited. Enterprises in the pharmaceutical industry should extract full value from their IP assets and medical inventions by taking adequate steps to develop an IP strategy for dealing with possible infringers. Therefore, enforcement of IP Rights is crucial to ensure that their intellectual property is respected in the marketplace.

Kanye-West-trademark
Kanye West Files Trademark Application for his Sunday Service Clothing

Kanye West, an American rapper and fashion designer, has recently filed a Trademark Application for “Sunday Service” (church-themed merchandise) with the US Patent and Trademark Office (USPTO). Sunday Service is the name of West’s weekly concerts where he gathers a group of singers to sing gospel versions of his songs. The musician and designer filed the trademark application on July 19, 2019, under Mascotte Holdings Inc., which is his intellectual holding company that has even filed trademark applications for “Yeezus,” “Red October,” “Kanye West,” to name a few on behalf of the hip-hop star. According to the USPTO, West has filed the trademark application for the phrase “Sunday Service” to use it in the apparel space consisting of shoes, dresses, bottoms, headwear, jackets, scarves, socks, loungewear, shirts, and tops.

West started his Sunday Service gatherings earlier this year by bringing the concept in April to the Coachella Valley Music & Arts Festival for Easter Sunday. This weekly gathering has always included various high-profile guests like Katy Perry, the whole Kardashian-Jenner family, Orlando Bloom, and many others.

The rapper has consistently been a divisive figure in the fashion business. In 2015, he came up with his cult-favorite Yeezy collection by collaborating with Adidas and showed the first collection at the New York Fashion Week with a cast of 50 diverse models. His sneakers have gone for a great many dollars on resale sites and his looks made for spouse Kim Kardashian, have routinely been recreated by quick style fashion brands. West’s most infamous moment in fashion accompanied his Season 4 Yeezy Collection, where the audience got trapped in the scorching heat on Roosevelt Island, and many models even collapsed on the runway, due to which, the show received scathing reviews from the critics and editors.

The trademark for the phrase “Sunday Service” follows a host of others filed by the Kardashian and Jenner family, most recently one filed by Kim Kardashian West for baby Psalm West 2 weeks after he was born.

 

Domain-Names
Protection of Domain Names

In today’s highly competitive business environment, a domain name is one of the most valuable Intellectual Property (IP) assets a company could own. It is a matter of fact that yes; the choice of a domain name in this age of well-developed information technology is an important business decision as it leads to more publicity, popularity, and profitability of businesses. So, it is essential to wisely select your domain name and protect it irrespective of the fact whether you have been using it for years or have just acquired it.

Here are a few simple tips that owners should follow to protect their domain names:

1-Pay due attention to the administrative details

While registering the domain name, the owner should make sure that he or she is listed as the registrant, i.e., the legal owner of the domain name; the administrative contact, i.e., the individual who has the rights to alter the domain record; and the technical contact, i.e., the individual who will be responsible for addressing any technical issues with the domain name.

2- Always go for a reputable registrar

Large companies and organizations usually work with corporate registrars like MarkMonitor to manage their domain names efficiently. While using a retail registrar like GoDaddy or Network Solutions, the owner should ensure that the registrar is widely-known, responsive to the customers, and has been in the business for a long time.

3- Make sure to lock your domain name

Many domain name registrars provide the facility to lock, transfer lock, or register lock the domain name to prevent it from being deleted, modified, or transferred without the owner’s prior and explicit permission.

4- Consider obtaining similar domain names

Domain name holders or owners should consider registering similar or alternative top-level domain names like .org, .biz, and .net along with the domain names based on either the misspellings or the plural version.

5- Create a strong, unique password and protect it diligently

The owners should protect their domain names from unauthorized access by using a strong and unique password. Failing to do so could let someone else access your domain name, leading to its misuse.

6- Keep track of the renewal dates

The owners must establish a procedure to ensure that they do not unintentionally forget to renew the registration of their domain names. Owners with multiple domain names can even consider consolidating the renewal dates of all their domain names to make the process well organized. Additionally, renewing the domain name for multiple years could also prove to be beneficial.

7- Be aware of domain name scammers and others with evil intentions

Nowadays, unethical registrars often try to manipulate the domain name registrants into paying unnecessary charges. Therefore, the domain owners should be cautious while responding to any such suspicious emails from parties pretending to be the registrar of their domain names.

CONCLUSION

In today’s internet age, your company’s domain name not only adds credibility to your business but also builds your brand’s image by increasing its awareness. Domain names also help in generating traffic to your website, which results in more customers and better sales. Therefore, they must be efficiently protected to avoid any unforeseen circumstances, which might arise, leading to disruptions in business.

Apple Files Patent
Apple Files Patent Application for Mixed-Reality Headset

Apple, an American multinational tech giant, has recently filed a Patent Application for a mixed-reality headset that would offer 3D virtual views of a user’s environment augmented with virtual content. The patent describes the way an augmented reality headset could capture the real world with the help of outward-facing cameras and then present the same to the users on a display system. Apple had first filed this patent application earlier this year in March, but it got published only within the last week.

According to the application filed, the headset device includes a head-mounted display, collection of cameras, sensors that track the wearer’s eyes, and other sensors that track the external environment.  All these components work together to produce and display a virtual 3D image based on the real world. Additionally, there are a lot of potential variations. The headset could also include hand sensors to track position, movement, and gestures; head pose sensors to track the users’ orientation and motion; sensors that capture information about the real-world lighting conditions in detail; eyebrow sensors to track facial expressions; and lower jaw sensors for tracking movement of the mouth and jaw. Apple describes the VR system to be different from most AR glasses, and it could also use LCD or liquid crystal on silicon technology or might as well use a direct retinal projector system that scans left and right images, pixel by pixel, to the subject’s eyes.

As of now, it is not very clear whether Apple is building any product based on this patent or not. According to the rumors coming out of the supply chain, Apple has dropped its plans for the mixed-reality headset. However, the tech giant is yet to comment officially on its headset plans, including when it intends to come up with such a product.

Intellectual Property
Intellectual Property and Big Data

In today’s global business environment, new advancements in technologies are continuously enabling a predictive analysis of Big Data. Such technologies offer business experts and individuals a platform for making better decisions and improving efficiencies boundlessly. Accordingly, companies and organizations around the globe are looking to tackle the power of information and analytics to make themselves increasingly agile, lean, and productive. Therefore, applying information to drive better insights is leading towards more effective and efficient business strategies. Intellectual Property (IP) is not exempted from this pattern as well. IP officials are now embracing the opportunities managed by better analysis of tremendous amounts of disparate data to ensure their IP portfolio is a significant contributor to the company’s main concern.

What is Big Data?

Big Data refers to the vast volume of both structured and unstructured data, which is analyzed using advanced techniques for making better decisions and strategic business moves. In recent times, Big Data is changing the way the world uses business information with the help of smart decision making and reducing costs. Combining Big Data with high powered analytics can determine the root causes of failures and issues in real-near time. Therefore, it will not be wrong that Big Data is the new oil that will drastically change the economies worldwide.

What is the role of Big Data in IP?

IP organizations often use many tools and processes that haven’t evolved as quickly as the businesses they serve. Analytics tools offer aid to the companies in harnessing Big Data for their business strategies, but they are not equally effective in decision making and analysis of IP. At a time when the enforcement, management, monetization, and protection of IP lie at the core of business value, IP intelligence solutions can help the business firms in identifying the market trends, opportunities, and limitations along with the assets they need to protect. Modern IP management systems can assist the companies in understanding the cost of protecting innovation and the value of their IP portfolio. Therefore, in due course, every IP department should be able to identify the annual revenue generated by an IP portfolio and the cost of managing their assets.

In a nutshell, to deal with complex and new sources of data, including litigation and prosecution, the intelligence now exists to improve their quality, applicability, and preciseness

Managing IP with Technology

Business companies and firms can buy real-time data on around 100 million Patent Applications and Trademark Registrations, which will be beneficial only if they have the handling power and analytics capabilities to gather relevant insights. A new generation of technology, including Data Mining, Machine Learning (ML), and On-demand Cloud Computing, can transform the way companies interrogate large sets of data by identifying valuable trends and anomalies.

Predictive Analysis

Nowadays, many business firms and their IP departments are deploying predictive analytics in various innovative ways. Predictive analytics can help in combining the internal and external data required for evaluating the strength and relevance of a patent. They can also offer aid to the companies in reviewing the patents due for renewal. Moreover, companies can make more informed decisions by comparing patent market share and the revenue generated against the cost of protection. Additionally, predictive analytics can also ensure the validity of data as till date information related to patents is entered manually, which is highly vulnerable to human error. All these examples can altogether reduce the workload of IP departments at a time when more applications are filed than ever before.

Conclusion

In today’s high paced world, every industry faces several opportunities and threats from the game-changing technologies. With the advent of Big Data, these companies can make decisions and predictions on their operations and working. For IP experts and chief officers, Big Data has transformed and redefined their reach beyond patent applications to a more fully shaped boardroom strategy. These tools exist today and shall continue to evolve. However, the companies that still manually search for relevant IP information are using their resources inefficiently and are missing out on driving critical business insights from big datasets.

 

Marvel-Wins-Copyright
Marvel Wins Copyright Lawsuit Over ‘Iron Man 3’ Poster

Marvel Entertainment has finally won a Copyright Infringement lawsuit after four years that alleged the company had copied the design of their movie poster for “Iron Man 3” from two comic book artists’ work.

Horizon Comics Production, owned by comic book artists and brothers Ben and Ray Lai, had sued Marvel in 2016 by claiming that the official poster of Iron Man 3 was way too similar to the appearance of a character named Caliban from their comic book series called Radix. In their lawsuit, Horizon claimed that six employees of Marvel were well aware of Radix and the design of Caliban. Additionally, the Copyright Infringement Lawsuit read that two of those employees had even worked with the comic artists and influenced the creators of the Iron Man 3 poster.

However, J. Paul Oetken, a US District Judge in New York, in his ruling asserted that the poster was designed based on inspiration boards made by Marvel’s creative team, images from the movies of Iron Man, and a photoshoot starring Robert Downey Jr. To this, Horizon argued by saying that the two works were strikingly identical, and even produced an expert report discussing the aspects of anatomical structures and camera views. But the judge sided with Marvel by pointing out the differences in the pose, placement of lights, and overall coloring.  At last, the judge stated that in contrast to Horizon’s no virtual evidence of copying in the records, Marvel was successful in introducing a piece of unrebutted evidence, which showed its independent creation of the Iron Man 3 poster.

Shinhan Card
Shinhan Card Patents Blockchain Credit System

Shinhan Card, South Korea’s biggest credit card company, has been recently granted a patent for a blockchain-based payment system. According to the reports, the company has developed a blockchain-powered credit transaction process that offers credit card functionality along with setting spending limits, making monthly installments, and carrying out payments. On this achievement, the company’s official stated that the services using the key features and functions of credit cards would be extended to this blockchain payments system. The official further mentioned that the blockchain payments system is a noteworthy advancement from the status quo, where most blockchain-based services were restricted to cash writing or user identification of online transactions.

The company has patented the blockchain system about 18 months after carrying out a feasibility study, which examined how efficient the technology would be in offering the kind of functionality sought initially.

As per the reports, the patent could soon permit cardless credit transactions that would see many users of this system in making payments via apps on their smartphones. With such kind of development, the traditional card system based on three intermediaries, namely, the credit card firm, value-added network service provider (VAN), and the payment gateway, would be disrupted immensely.

This technology has come on the heels of a new platform set up by the parent company to the Shinhan Card, known as Shinhan Financial Group. This year in May, they had unveiled a new blockchain-based platform speeding up the loan process by verifying the necessary terms to approve credit lending.

Shinhan Card is now expected to expand the patent beyond South Korea and has already filed a Patent Application the US, Europe, Vietnam, China, and Indonesia. However, the status of those patents at this point is still unknown.