Intellectual Property News Round Up 8. Bringing You The Best From The Web…

Intellectual Property News Round Up. 
Bringing You The Best From The Web…

Fortune Magazine report that Eli Lily is perhaps not the investment it once was as it looks to lose a significant number of its major revenue streams when the patents run out in the next few years.  The company’s decision to cost cut its way to profitability rather than make acquisitions like its competitors and its weak pipeline of products has investors running scared.

Korea is less dependent on overseas technologies as Korean companies continue to develop their own, The Chosun Ilbo reports.  With a 10 fold increase in revenues in 10 years and the world’s fourth leading country of origin for PCT filings last year Korea is well on its way to patent independence.

And finally, PatentlyO report that it pays to choose carefully where in the US one files for a patent stay with very clear indication which judges are in favour of granting motions to stay.