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How Do You Tax A Patent?

Introduction A tax is a compulsory fee or financial charge levied by a government on an individual or an organization to raise revenue for public works. According to Institute of Company Secretaries of India (ICSI) in their study module on IPR- Law and Practice for… Read More »How Do You Tax A Patent?

Case Note: American Axle & Manufacturing, Inc., v. Neapco Holdings LLC (2022)

Why Is This Case Under Discussion? Recently, The Supreme Court of the USA declined a writ petition filed by American Axle and Manufacturing (AAM) in a bid to revive its patented technology for quieting driveshaft noise. Such rejection was quite unexpected, especially since the SC… Read More »Case Note: American Axle & Manufacturing, Inc., v. Neapco Holdings LLC (2022)

person standing near cliff

What is a Patent Cliff?

Introduction You’ve developed a drug or medicine. You’ve spent years developing it, spent practically all of your financial resources on it, and now have a 20-year patent on it. Imagine this scenario: Before the company generates significant income and profits, the period expires, and the… Read More »What is a Patent Cliff?