Drug firms relax patent controls & more…Keep up to date with the latest intellectual property news in our weekly round-up…

Aon expands intellectual property offering with new MGA

Global insurance and reinsurance broker Aon has announced the launch of a new underwriting platform featuring the world’s largest capacity for intellectual property (IP) liability risks. Aon says that its latest offering is designed to meet the changing needs of clients’ IP exposures, especially in the current distressed economic environment that is being caused by the COVID-19 pandemic.

Experts warn AI inventorship debate will only heat up

Panellists from an AIPLA webinar on emerging technologies said that refusing to grant a patent to an AI inventor has the potential to devalue inventorship and could have serious implications for companies that invest heavily in new technologies.

Visa applies for digital dollar blockchain patent

The US Patent and Trademark Office published that Visa has filed a patent application to create a digital currency on a centralised computer using blockchain technology.

Drug and chemical firms relax patent controls for Covid-19 response

Gilead offers royalty-free licenses on remdesivir, consortium pledges not to prosecute IP violations done to fight the pandemic.