Posts in International

Five Royal Trademark Lessons from the Duke and Duchess of Sussex

As you’ve most likely heard, Prince Harry and Meghan Markle have decided to become financially independent of the Crown. No small task when your security costs are reported to be $1.3 to more than $7 million per year. Ouch! So, what are they planning to do? One hint can be found in the trademark application for “Sussex Royal” that they filed in England on June 21, 2019. This trademark filing provides the opportunity for many lessons to be learned.

Severing the Link Between IP and Biomedical Innovation Isn’t the Answer to Global Health Care Challenges

The cost of medicines is on the agenda this week at the World Health Organization’s annual executive board meeting in Geneva. Nongovernmental organizations and certain middle-income countries argue that market-based drug development—reliant on intellectual property rights (IPRs) as its primary incentive—makes medicines too expensive. It fails, they say, to provide cures for those most in need but least able to pay. On the fringes of meetings such as the one happening this week, nongovernmental organizations talk excitedly about a new model for drug development, in which research and development (R&D) costs are “delinked” from the final prices of drugs. They join notables such as U.S. Senator Bernie Sanders and Nobel prize-winning economist Joseph Stiglitz. One of the main “delinkage” proposals is to replace the patent system with government-managed prizes.

The U.S.-Mexico Patent Prosecution Super-Highway

For the past several years, the patent offices in the United States and Mexico have operated under a type of patent examination fast-tracking and work-sharing agreement known as a Patent Prosecution Highway (PPH). This agreement between the United States Patent and Trademark Office (USPTO) and the Mexican Institute of Industrial Property (IMPI) was set to expire in June of this year, and the status of the program going forward was uncertain. But on January 28, the Offices announced a new agreement that promises to improve upon the PPH system by creating an even “more streamlined approach” to obtaining a Mexican patent once a corresponding U.S. patent is granted than that presently offered under the PPH.

Who is Winning the AI Race?

Much has been written about how artificial intelligence (AI) and machine learning (ML) are about to transform the global productivity, working patterns and lifestyles and create enormous wealth. Gartner projects that by 2021, AI augmentation will create $2.9 trillion of business value and $6.2 billion hours of worker productivity globally. McKinsey forecasts AI potentially could deliver additional economic output of around $13 trillion by 2030, boosting global GDP by about 1.2 percent a year. Companies around the globe are all racing to adopt and innovate AI and ML technologies. Indeed, by any account, much progress has been made and the adoption and innovation rates are quickening. But who is winning or leading in the race? A quick review of U.S. patent data may provide a glimpse into the state of the race.

Brexit is Finally Happening: Here’s What to Expect for IP

The Withdrawal Agreement Act 2020 received Royal Assent on January 23 and was approved by the European Parliament on January 29. That means that the UK will leave the European Union at 11:00 pm GMT on January 31, 2020 and the EU will then have 27 rather than 28 Member States. The UK’s departure from the EU will in due course have a number of implications for intellectual property, in particular registered trademarks and design rights, but none will be felt immediately. That is because the Withdrawal Agreement provides for an implementation period (also called a transition period), which will last until December 31, 2020. The Agreement provides for the possibility to extend this period, but the UK Government has said it will not do so and has legislated to that effect. The most important point to note therefore is that in practice nothing changes. Previous articles discussing the possibility of a no-deal Brexit, without an implementation period, can now be disregarded.

‘IP That Works for All’: My Vision for the World Intellectual Property Organization

In the increasingly global environment, our creators, inventors and innovators have continued to lean on the shoulders of the of intellectual property (IP) system as the core of the emergent global knowledge economy and a guarantee for private reward and public welfare. The products of intellect have continued to face opportunities and challenges presented by rapid technological changes. With the…