The “package-packer bot”, patent no. 20170021499, recently granted by the US Patent and Trademark Office (USPTO) describes a system where robots can be used to grasp inventory items and help speed up the packaging process in fulfilment centres. This is just… Continue Reading →
Pfizer’s revenue forecast for 2017 will be $52 billion to $54 billion compared with the $54.3 billion average of analysts’ estimates. The pharmaceutical company confirmed they would lose billions of dollars ($2.4 billion) in revenue as products lose exclusive sales… Continue Reading →
In a survey covering artificial intelligence (AI) patent applications in 10 countries including the US, China, Europe, Japan and South Korea over the comparison period of 2015-2010 compared to the figure for the previous five years the data shows the… Continue Reading →
Disney recently received a patent for software described as “Sensing and Managing Vehicle Behaviour Based on Occupant Awareness.” The patent alludes to a system with the ability to combine facial recognition with established preferences (stored on a device containing guests’ data… Continue Reading →
Indian based drug company Suven Life Sciences was recently granted an Australian and US patent (valid until 2033). The patent covers New Chemical Entities (NCEs) for the treatment of disorders associated with neuro-degenerative diseases. Suven Life Sciences has a total… Continue Reading →
On 18 January 2017 Donald Trump’s legal team filed a trade mark request for his re-election campaign slogan: ‘Keep America Great’ (both with and without an exclamation mark) for the 2020 Presidential campaign. The campaign slogan has been requested to… Continue Reading →
Merck recently settled a patent dispute with Bristol-Myers Squibb and Ono Pharmaceutical over its highly effective cancer treatment drug Keytruda. As part of the settlement Merck will pay $625m as well as royalties to Bristol-Myers Squibb and Ono Pharmaceutical. The… Continue Reading →
Microsoft was recently granted a patent (filed for in 2015) for an “electronic paper display device” that features an “electrophoretic ink layer” and electrodes that could, when electricity is applied, be used to display text and images. The full patent is… Continue Reading →
Amazon was recently granted a patent relating to “how autonomous cars navigate reversible lanes”. In the patent, Amazon outlines a roadway management system that can “assign” lanes to autonomous vehicles depending on where the vehicle is going and what would… Continue Reading →
The Global Innovation Index (GII) is an annual index (first compiled in 2007) which ranks countries based on their innovative status. The GII index is based on subjective and objective data from sources including the International Telecommunication Union, the World… Continue Reading →
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