IP2Innovate

IP2Innovate has responded to the Commission's call for evidence on the upcoming European Innovation Act, highlighting that proportionality in patent remedies across the EU is needed to support the European Innovation Act’s goals of creating innovation-friendly regulation and eliminating Single Market fragmentation. IP2Innovate welcomes the objectives of the upcoming European Innovation Act. A balanced patent system is an important prerequisite to ensure Europe’s global competitiveness in critical technology areas, its attractiveness for companies to invest and do business in, and to increase innovation and the take up of new technologies necessary to bridge the gap in productivity levels when compared to other major economies. Unfortunately, our member companies' experiences, supported by data, indicate that Europe's patent system currently lacks the necessary balance, undermining investment in innovation to the detriment of both the public and Europe’s competitiveness. The current practice by EU courts of granting automatic injunctions in patent infringement cases contradicts the European Innovation Act’s goals of creating innovation-friendly regulation and eliminating Single Market fragmentation. The solution is to modernize the 20-year-old IPR Enforcement Directive to align with Innovation Act objectives and to help close the innovation gap between Europe and its global competitors. Read our submission here: https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/14593-European-Innovation-Act/F33069711_en

IP2Innovate

Two German law professors, Dr Franz Hofmann and Dr Benjamin Raue have pooled forces to publish a joint paper this week on the delicate issue of injunctions and damages for the infringement of patents. The paper, entitled ‘Injunctions and Damages for the Infringement of Patents under the UPCA; an Analysis in the Light of the Principle of Proportionality’ calls for a more nuanced approach to patent infringement cases, and it urges judges of the recently launched UPC to consider damages instead of automatic injunctions as a remedy in their rulings.

IP2Innovate

This year’s World IP Day focuses on the role innovation and intellectual property play in enabling us to achieve the Sustainable Development Goals (SDGs), and build a more sustainable future for all. Innovation offers the world a chance to address the climate crisis. It is crucial that the patent system functions properly so that green inventors get their ideas to market.