NEWS
By Frank D. Roylance | October 27, 2008
Alexander Severinsky thought he had escaped long waits for basic goods when his family fled the Soviet Union in 1978. But barely a year later he found himself in his Oldsmobile Cutlass, in the Texas heat, at the end of a line of cars waiting to gas up. "I just came from Russia a year ago, where I stand in lines for food, and now what changed? I'm back in line, only for fuel," he said, laughing, in his accented English. Better fuel efficiency, he reasoned, could boost gas supplies and end the lines.
NEWS
By Tricia Bishop | August 21, 2008
A Rockville technology company took on Japanese gaming giant Nintendo yesterday, saying it filed patent-infringement complaints with two federal agencies asking that U.S. importation of the popular Wii video game system be halted. Hillcrest Labs, which licenses a technology to manufacturers that use it to make motion controls for digital media, said it filed a lawsuit in a Maryland U.S. District Court alleging that components of Nintendo's Wii game systems infringe upon four of its intellectual property patents.
NEWS
November 1, 2007
Maryland : Economy Aon to eliminate 2,700 jobs Insurance brokerage Aon Corp., which has several offices in the Baltimore region, said yesterday that it would cut 2,700 jobs as part of a restructuring plan that will save about $240 million a year. The job cuts will be mostly in back-office operations, with about 1,100 expected to be "off-shored or outsourced," Aon said. A spokesman said the Chicago company has not disclosed which offices would be affected by the job cuts. The company has 43,000 employees across 500 offices globally.
NEWS
By MELISSA HARRIS | October 19, 2007
Government backlogs are far too familiar to Americans. Many disabled Americans must wait years to receive benefits from the Social Security Administration. Piles of unanalyzed DNA evidence are delaying justice nationwide. And hundreds of thousands of legal immigrants are stuck in line for citizenship because of a backlog of "name checks" at the FBI. But one backlog might top them all. About 730,000 inventors are waiting for patents - the right to a 20-year monopoly on the production and sale of their inventions.
NEWS
By Elizabeth H. Williams | June 3, 2007
By defiantly licensing generic versions of patented medicines, Thailand late last year and Brazil a few weeks ago have severely tested global health policy and the global trade system itself. A functional system would strike a judicious balance between the interests of drug companies, whose patents compensate them for the large investments required to develop lifesaving medicines, and the imperative to make them available to the world's poor. Instead, today we have a dysfunctional battle between pharmaceutical giants and governments of developing countries, each side claiming to champion the world's health needs and accusing the other of exploitation.
NEWS
By Cox News Service | April 13, 2007
NEW YORK -- The chief executive officer of leading Internet phone provider Vonage Holdings Corp. resigned yesterday amid a continuing patent dispute that has threatened the company's business and phone service for 2.4 million customers. Michael Snyder stepped down as chief executive and was replaced temporarily by Jeffrey A. Citron, the former CEO and current chairman. Vonage, offering a preview of first-quarter results, also said that to save $140 million it would slash 10 percent of its more than 1,700-person work force, freeze new hiring and cut $110 million from planned marketing.
NEWS
By Jon Van | April 7, 2007
Vonage Holdings Corp. dodged a bullet yesterday, but was left gasping for air after a federal judge ruled that it can continue operating - but may not recruit new customers - during its patent dispute with Verizon Communications Inc. The Internet phone service pioneer, which has 2.2 million customers but continues to lose money, has bet its future on increasing its customer base. If Vonage's appeal of yesterday's ruling fails, the company must either find alternative technology or pull a legal rabbit out of a hat, analysts said.
NEWS
February 28, 2007
Maryland: Government 4 area leaders get state jobs Four Baltimore-area government and civic leaders have been named to jobs at the state Department of Business and Economic Development, the agency said yesterday. Samuel J. Lloyd, formerly Baltimore's director of minority business development, was appointed assistant secretary for small business. Dominick E. Murray, who was economic development officer for the Baltimore Mayor's Office under now-Gov. Martin O'Malley, was named assistant secretary for regional development for the Baltimore region.
NEWS
By Tricia Bishop | February 22, 2007
California's Genentech Inc. announced yesterday that a patent protecting a key drug-making process in the biotechnology industry has been rejected by the U.S. Patent and Trademark Office, opening the door for dozens of companies - including Gaithersburg-based MedImmune Inc. - to use the technology without having to pay millions in royalties. MedImmune has long claimed the patent, known as the Cabilly II, is invalid. The company sued Genentech in a case that wound its way up to the U.S. Supreme Court, which ruled last month that the lawsuit could proceed in lower courts after having been rejected earlier.
NEWS
By Peter J. Pitts | February 20, 2007
Imagine that you are an inventor and the government steals your highly lucrative idea. The next day, you are informed that the government plans to mass-produce your invention and give it away for free. If you're lucky, they'll give you a pittance for your efforts. This is what happens, with increasing regularity, to the manufacturers of lifesaving medicines. The most recent example occurred in Thailand when the military-appointed government issued "compulsory licenses" to obtain two drugs.