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Samsung Bioepis Wins Second Appeal in Stelara Patent Case in the Netherlands

Samsung Bioepis Wins Second Appeal in Stelara Patent Case in the Netherlands

(Photo=Samsung Bioepis) Samsung Bioepis has secured another legal victory in the Netherlands over its Stelara (ustekinumab) biosimilar, Pyzchiva, easing concerns around its European expansion. On April 8 (local time), the Court of Appeal in The Hague dismissed an injunction filed by U.S. pharmaceutical company Janssen, which sought to block the sale of Pyzchiva. The court rejected Janssen's claim that Samsung

Apr 12 2025
12:00 PM PDT
Warren Buffett’s Duracell Sued by Germany’s BASF Over Alleged Battery Tech Theft

Warren Buffett’s Duracell Sued by Germany’s BASF Over Alleged Battery Tech Theft

(Photo=Duracell) Duracell, the battery company owned by Warren Buffett's Berkshire Hathaway, is facing a lawsuit from German chemical giant BASF over alleged misappropriation of battery technology. According to industry sources on April 10, BASF filed a complaint on April 1 with the U.S. District Court in Delaware, accusing Duracell of illegally using its proprietary battery manufacturing process. The lawsuit claims

Apr 11 2025
12:00 PM PDT
LS Cable CEO Koo Bon-kyu to Spearhead U.S. Offshore Wind Expansion with $1 Billion Cable Plant

LS Cable CEO Koo Bon-kyu to Spearhead U.S. Offshore Wind Expansion with $1 Billion Cable Plant

(Photo=LS Cable & System) LS Cable & System CEO Koo Bon-kyu, a third-generation leader of South Korea's LS Group, is set to make a strategic push into the U.S. offshore wind market this month. The executive will attend the groundbreaking ceremony for a new $1 billion submarine cable factory in Virginia before delivering a keynote speech at IPF25, North America's

Apr 10 2025
11:03 PM PDT
K-pop Star G-Dragon’s Music Launched into Space in Groundbreaking KAIST Project

K-pop Star G-Dragon’s Music Launched into Space in Groundbreaking KAIST Project

(Photo : KAIST, GD MV) K-pop icon G-Dragon has made history as his music and artistic visuals were transmitted into space through a collaborative project with the Korea Advanced Institute of Science and Technology (KAIST). On April 10, KAIST's Space Research Institute successfully beamed the artist’s audio tracks and iris-scan imagery into orbit using satellite technology, marking the world’s first

Apr 10 2025
07:10 PM PDT
IonQ Wins Appeal in Investor Compensation Lawsuit

IonQ Wins Appeal in Investor Compensation Lawsuit

(Photo : IonQ) Quantum computing company IonQ has prevailed in an appeal related to investor demands for compensation over financial losses. On the 8th, the U.S. Court of Appeals for the Fourth Circuit ruled in favor of IonQ, stating that "an anonymous, self-interested short-seller report alone cannot adequately substantiate allegations of corporate fraud." Previously, short-selling firm Scorpion Capital had released

Apr 10 2025
05:57 PM PDT