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October 2014 Archives

What are patents?

Patents are legal protections that give the inventors of intellectual property the right to keep others from misusing their property over a 20-year period from the application file date. Misuse means no one other than the inventors can manufacture, use, offer to sell or sell the invention. Inventors in New York and other U.S. states have the right to apply to the U.S. Patent and Trademark Office for patents on new, non-obvious and useful inventions.

Intellectual property matters in New York

Issues involving intellectual property can affect both businesses and employees, making it important for anyone dealing with relevant issues to have reliable counsel related to action concerning a concern. Familiarity with both federal and state laws is important in determining how to proceed in protecting one's brand or ideas. In a digital age, the potential for infringements can be far reaching.

Endo International engages in acquisition

In a move meant to increase the amount of branded pharmaceuticals it can offer, Endo International Plc has opted to acquire Auxilium Pharmaceuticals Inc. In New York, Auxilium's shares recently jumped 9 percent, and Endo's stock fell nearly 6 percent during the same period. Additionally, Auxilium's testosterone drugs, Testopel and Testim, will become part of Endo's offerings.

Comcast-Time Warner merger delayed

Investors and local residents may be interested in the latest news related to the proposed Comcast-Time Warner merger. Regulators in New York have chosen to delay their decision on the proposal until Nov. 13. The New York Public Service Commission was initially scheduled to review the deal on Oct 2. Without a mutually agreed-upon extension, transactions may automatically be granted if regulators fail to make a decision within the 120-day timed period mandated by federal law. However, Comcast and the commission agreed to delay the review in a filing dated Sept. 26.

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