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Sanofi challenges Amgen’s patents for cholesterol-lowering antibodies
Intellectual Property 2022-10-18 5:23 pm By Sam Matthews

French drug giant Sanofi has appealed a decision giving American biopharmaceutical company Amgen the go-ahead for its patents for a cholesterol-lowering antibody that could be used to treat heart disease, diabetes, stroke and Alzheimerā€™s.

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Jones Day snags intellectual property ace from Clayton Utz
Intellectual Property 2022-10-06 3:08 am By Cindy Cameronne

US-based multinational firm Jones Day has lured a partner from Clayton Utz to join its intellectual property team in Melbourne.

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Humm points finger at Forum Finance in SMBCā€™s $34M lawsuit
White Collar 2022-10-04 11:40 pm By Cindy Cameronne

Fintech Humm has admitted to making ā€œmisrepresentationsā€ to Japanese bank SMBC over allegedly worthless receivables linked to Forum Finance but has denied it was negligent, claiming a Forum Group unit should share the burden of paying any damages in the $33.6 million lawsuit.

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Drug companies drop bid for ACCC approval of Revlimid patent settlement
Competition & Consumer Protection 2022-07-29 11:44 am By Cat Fredenburgh

Bristol-Myers Squibb unit Celgene and two generic drug makers have withdrawn an application for ACCC approval of a patent settlement that would have allowed for an early launch of a generic version of blockbuster cancer drug Revlimid.

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SMBC sues Humm for $34M in worthless receivables linked to Forum Finance
Competition & Consumer Protection 2022-07-21 9:50 pm By Cindy Cameronne

Japanese bank SMBC has brought a $33.6M lawsuit against fintech Humm Group after its subsidiary Flexirent allegedly misled the bank about receivables under allegedly forged contracts between a Forum Group entity and Veolia Environmental Services.

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Bill Papasā€™ girlfriend hits back at Westpacā€™s case over alleged $294M fraud
White Collar 2022-05-11 9:23 pm By Cindy Cameronne

Bill Papasā€™ girlfriend Louise Agostino has hit back at Westpacā€™s lawsuit accusing her of involvement in the Forum Group directorā€™s alleged $294 million fraud, denying all allegations and arguing that the bulk of the bankā€™s claims against her should be struck out.

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‘Fugitive’ Bill Papas entitled to protect lawyer’s notes, court told
White Collar 2022-04-13 4:17 pm By Cindy Cameronne

A lawyer for Forum Finance director Bill Papas has argued the alleged fraudster should be able to shield documents held by his former lawyer under a claim for legal professional privilege despite being a ā€œfugitiveā€ from contempt charges.

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ACCC says agreement to settle Revlimid patent suit could violate cartel laws
Intellectual Property 2022-03-23 2:53 pm By Cat Fredenburgh

The ACCC has refused to authorise a patent settlement and license agreement between Bristol-Myers Squibb unit Celgene and two generic drug makers who sued to invalidate the patents for its blockbuster cancer drug Revlimid, saying it could distort competition between generic drug makers.

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Full Court deals drug companies a blow on patent term extensions
Intellectual Property 2022-03-18 10:27 pm By Miklos Bolza

The Full Court has upheld two judgments that shortened patent term extensions granted to Merck Sharpe & Dohme and Ono Pharmaceuticals, finding the extension regime cannot be construed as achieving aĀ “commercial outcome for a patentee”.

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Westpac stalls on extradition of Forum Finance’s Bill Papas
White Collar 2022-03-10 5:17 pm By Miklos Bolza

Westpac has yet to commence extradition proceedings against Forum Finance director Bill Papas due to concerns that the alleged fraudster may face only contempt charges if he is brought back to Australia prematurely.

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