In the News
The Trans-Pacific Partnership (TPP) is a recently ratified and controversial free trade agreement between 12 Pacific Rim countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, and Vietnam. One of the more controversial provisions of the TPP concerns the data-exclusivity term for biologics, which effectively enforces a monopoly for that medication by preventing a competitive manufacturer from leveraging the owner’s data about treatment efficacy during the exclusivity term. This exclusivity term runs concurrently with any patent protection and can extend beyond the expiration of applicable patents.
Last month CPA Global announced the acquisition of the Austin, Texas based search and analytics software provider Innography. While some in the industry have been quick to judge what on the surface appears to be an unlikely partnership, even suggesting that it spells the demise of Innography, the exact opposite seems to be the case, with Innography set to launch new offerings and enhancements over the next several months.
Many lawsuits are over patents that have expired or will soon. Patents from the dot-com bust era now the subject of suits.
Tyron Stading, the President of Innography, speaks to The Patent Lawyer magazine about the pace of patent approvals in the industry at this moment in time.
The acquisition means strengthened analytic abilities and a bigger client network for the IP service providers.